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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 September 2006.

 

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

7.75-15

8-15

8.25-11.5

8.5-12.125

Foreign Banks

7.25-14.04

6.575-11.3

8.075-9.57

7.845-9.75

Private Sector Banks

8.5-16

8.25-16

10-13.5

9.45-13.5

Note : Data pertains to 83 banks , of which 28 are public sector banks, 27 are private sector banks and 28 are foreign banks.

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