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Lending Rates of Scheduled Commercial Banks Sub Page Banner June 2002 to June 2010

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On Advances above Rs.2 lakh other than Export Credit

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Table 2  :  Median Range of Interest Rates on Advances (above Rs. 2 lakhs) other than Export Credit
For the  Quarter Ended  June 2007

 

Interest Rate Range excluding 5%
of business contracted at Extreme Rate

Interest Rate Range at which at least
60%  of the business has been contracted

Demand Loan

Term Loan

Demand Loan

Term Loan

Public Sector Banks

8.5-16.375

9-16.75

9.875-13

9.625-13

Foreign Banks

7.825-14

7-13.5

9.375-12.25

8.25-11.5

Private Sector Banks

9.025-17.25

9-17.875

10.25-14

10.5-14

Note : Data pertains to 80 banks , of which 28 are public sector banks, 28 are foreign sector banks and 24 are private banks.

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