On Advances above Rs.2 lakh other than Export Credit - ਆਰਬੀਆਈ - Reserve Bank of India
Table 2 : Median Range of Interest Rates on Advances (above Rs. 2 lakhs) other than Export Credit |
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Interest Rate Range excluding 5% |
Interest Rate Range at which at least |
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Demand Loan |
Term Loan |
Demand Loan |
Term Loan |
|
Public Sector Banks |
7.75-14.25 |
7.5-14.5 |
9-12.5 |
8.375-12 |
Foreign Banks |
6.5-14.5 |
6.515-13.375 |
7.125-9 |
7.625-9.5 |
Private Sector Banks |
7-15.5 |
7.5-16 |
10-12.5 |
9-13 |
Note : Data pertains to 88 banks , of which 28 are public sector banks, 30 are private sector banks and 29 are foreign banks. |
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