Bank Lending Rate in India remained unchanged at 9.77 percent in June. This dataset provides - India Prime Lending Rate - actual values, historical data, forecast, chart, statistics, economic calendar and news.

In the year 2022, lending interest rate in India stood at *** percent. This was a slight reduction from last year's rate of *** percent. Lending rate refers to the bank rate that generally caters to the short- and medium- term financing needs of the private sector.

The benchmark interest rate in India was last recorded at 5.50 percent. This dataset provides - India Interest Rate - actual values, historical data, forecast, chart, statistics, economic calendar and news.

Lending interest rate (%) in India was reported at 8.5671 % in 2022, according to the World Bank collection of development indicators, compiled from officially recognized sources. India - Lending interest rate - actual values, historical data, forecasts and projections were sourced from the World Bank on July of 2025.

Graph and download economic data for Interest Rates: Immediate Rates (< 24 Hours): Central Bank Rates: Total for India (IRSTCB01INA156N) from 1968 to 2023 about overnight, India, interest rate, banks, interest, depository institutions, and rate.

Forecast: Bank Lending Interest Rate in India 2022 - 2026 Discover more data with ReportLinker!

The dataset shows structure of interest rates

Note: 1. For the year 1995-96, interest rate on deposits of maturity above 3 years, and from 1996-97 onwards, interest rates on deposit for all the maturities refer to the deposit rates of 5 major public sector banks as at end-March. 2. From 1994-95 onwards, data on minimum general key lending rates prescribed by RBI refers to the prime lending rates of 5 major public sector banks. 3. For 2011-12, data on deposit rates and Base rates of 5 major public sector banks refer to the period up to July 31, 2010. From July 1, 2010 BPLR System is replaced by Base Rate System. Accordingly the data reflects the Base Rate of five major public sector banks. Data for 2010-11 for Call/Notice Money rates are average of April-July 2010. 4. Data for dividend rate and yield rate for units of UTI are based on data received from Unit Trust of India. 5. Data on annual(gross) redemption yield of Government of India securities are based on redemption yield which is computed from 2000-01 as the mean of the daily weighted average yield of the transactions in each traded security. The weight is calculated as the share of the transaction in a given security in the aggregated value. 6. Data on prime lending rates for IDBI, IFCI and ICICI for the year 1999-00 relates to long-term prime lending rates in January 2000. 7. Data on prime lending rates for State Financial Corporation for all the years and for other term lending institutions from 2002-03 onwards relate to long-term (over 36-month) PLR. 8. Data on prime lending rate of IIBI/ IRBI from 2003-04 onwards relate to single PLR effective July 31, 2003. 9. IDBI ceased to be term lending institution on its conversion into a banking entity effective October 11, 2004. 10. ICICI ceased to be a term-lending institution after its merger with ICICI Bank. 11. Figures in brackets indicate lending rate charged to small-scale industries. 12. IFCI has become a non-bank financial company. 13. IIBI is in the process of voluntary winding up. 14. Figures for 2015-16 are as on July 14, 2015. 15. 2024-25 data : As on September 1, 2024; except for WALRs, WADTDR and 1-year median MCLR (July 2023). 16. * : Data on deposit and lending rates relate to five major Public Sector Banks up to 2003-04. While for the subsequent years, they relate to five major banks. 17. # : Savings deposit rate from 2011-12 onwards relates to balance up to 1 lakh. Savings deposit rate was deregulated with effect from October 25, 2011. 18. $ : Data on Weighted Average Lending Rates (WALRs), weighted Average Domestic Term Deposit Rate (WADTDR) and 1-year median marginal cost of funds-based lending rate (MCLR) pertain to all scheduled commercial banks (excluding RRBs and SFBs). 19. Data on lending rates in column (7) relate to Benchmark Prime Lending Rate (BPLR) for the period 2004-05 to 2009-10; Base Rate for 2010-11 to 2015-16 and Marginal Cost of Funds Based Lending Rate (MCLR) (overnight) for 2016-17 onwards. BPLR system was replaced by the Base Rate System from July 1, 2010, which, in turn, was replaced by the MCLR System effective April 1, 2016.

India Foreign Banks: Demand Loan Rate: High: Commonwealth Bank of Australia data was reported at 9.250 % pa in Sep 2016. This records a decrease from the previous number of 10.400 % pa for Jun 2016. India Foreign Banks: Demand Loan Rate: High: Commonwealth Bank of Australia data is updated quarterly, averaging 10.900 % pa from Sep 2011 (Median) to Sep 2016, with 20 observations. The data reached an all-time high of 12.000 % pa in Sep 2012 and a record low of 9.250 % pa in Sep 2016. India Foreign Banks: Demand Loan Rate: High: Commonwealth Bank of Australia data remains active status in CEIC and is reported by Reserve Bank of India. The data is categorized under India Premium Database’s Interest and Foreign Exchange Rates – Table IN.MB037: Lending Rate: Other than Export Credit: Demand Loan Rate: High.

As of March 2025, ICICI Bank provided the lowest interest rates for its home loans in India, with an average of **** percent. Bank of Maharashtra accounted for the highest interest rate with an average of **** percent.

India Bank Rate data was reported at 6.250 % pa in 18 May 2025. This stayed constant from the previous number of 6.250 % pa for 17 May 2025. India Bank Rate data is updated daily, averaging 6.500 % pa from Jul 1935 (Median) to 18 May 2025, with 32826 observations. The data reached an all-time high of 8.500 % pa in 01 Jun 2015 and a record low of 4.250 % pa in 03 May 2022. India Bank Rate data remains active status in CEIC and is reported by Reserve Bank of India. The data is categorized under High Frequency Database’s Lending Rates – Table IN.MB001: Bank Interest Rate. [COVID-19-IMPACT]

India Foreign Banks: Term Loan Rate: At Least 60% Business: Low: Sber Bank data was reported at 11.150 % pa in Dec 2018. This stayed constant from the previous number of 11.150 % pa for Sep 2018. India Foreign Banks: Term Loan Rate: At Least 60% Business: Low: Sber Bank data is updated quarterly, averaging 11.500 % pa from Sep 2014 (Median) to Dec 2018, with 18 observations. The data reached an all-time high of 13.150 % pa in Jun 2015 and a record low of 8.150 % pa in Jun 2018. India Foreign Banks: Term Loan Rate: At Least 60% Business: Low: Sber Bank data remains active status in CEIC and is reported by Reserve Bank of India. The data is categorized under India Premium Database’s Interest and Foreign Exchange Rates – Table IN.MB042: Lending Rate: Other than Export Credit: Term Loan Rate: At Least 60% Business: Low.

India Prime Lending Rate: Punjab National Bank data was reported at 14.000 % pa in 18 Dec 2018. This stayed constant from the previous number of 14.000 % pa for 17 Dec 2018. India Prime Lending Rate: Punjab National Bank data is updated daily, averaging 13.000 % pa from Jan 2003 (Median) to 18 Dec 2018, with 5831 observations. The data reached an all-time high of 14.250 % pa in 30 Apr 2012 and a record low of 10.750 % pa in 31 Mar 2006. India Prime Lending Rate: Punjab National Bank data remains active status in CEIC and is reported by Punjab National Bank. The data is categorized under India Premium Database’s Interest and Foreign Exchange Rates – Table IN.MB003: Lending Rate.

Real interest rate (%) in India was reported at 1.7046 % in 2022, according to the World Bank collection of development indicators, compiled from officially recognized sources. India - Real interest rate - actual values, historical data, forecasts and projections were sourced from the World Bank on June of 2025.

India Weighted Average Lending Rates: Quarterly: Fresh Rupee Loans Sanctioned: Public Sector Banks data was reported at 9.380 % in Dec 2018. This records a decrease from the previous number of 9.450 % for Sep 2018. India Weighted Average Lending Rates: Quarterly: Fresh Rupee Loans Sanctioned: Public Sector Banks data is updated quarterly, averaging 10.410 % from Mar 2013 (Median) to Dec 2018, with 24 observations. The data reached an all-time high of 11.820 % in Sep 2013 and a record low of 9.040 % in Mar 2018. India Weighted Average Lending Rates: Quarterly: Fresh Rupee Loans Sanctioned: Public Sector Banks data remains active status in CEIC and is reported by Reserve Bank of India. The data is categorized under India Premium Database’s Interest and Foreign Exchange Rates – Table IN.MB007: Lending Rate: Weighted Average Lending Rates.

India Weighted Average Lending Rates: Outstanding Ruppe Loans: Public Sector Banks data was reported at 10.060 % in Sep 2018. This records a decrease from the previous number of 10.110 % for Aug 2018. India Weighted Average Lending Rates: Outstanding Ruppe Loans: Public Sector Banks data is updated monthly, averaging 11.495 % from Feb 2012 (Median) to Sep 2018, with 80 observations. The data reached an all-time high of 12.690 % in Apr 2012 and a record low of 10.060 % in Sep 2018. India Weighted Average Lending Rates: Outstanding Ruppe Loans: Public Sector Banks data remains active status in CEIC and is reported by Reserve Bank of India. The data is categorized under India Premium Database’s Interest and Foreign Exchange Rates – Table IN.MB007: Lending Rate: Weighted Average Lending Rates.

India Foreign Banks: Demand Loan Rate: High: JP Morgan Chase Bank data was reported at 9.820 % pa in Dec 2018. This records an increase from the previous number of 8.100 % pa for Sep 2018. India Foreign Banks: Demand Loan Rate: High: JP Morgan Chase Bank data is updated quarterly, averaging 11.600 % pa from Sep 2010 (Median) to Dec 2018, with 29 observations. The data reached an all-time high of 14.900 % pa in Sep 2014 and a record low of 8.000 % pa in Jun 2018. India Foreign Banks: Demand Loan Rate: High: JP Morgan Chase Bank data remains active status in CEIC and is reported by Reserve Bank of India. The data is categorized under India Premium Database’s Interest and Foreign Exchange Rates – Table IN.MB037: Lending Rate: Other than Export Credit: Demand Loan Rate: High.

India Interest Rate: Share of Outstanding Floating Rate Rupee Loans: Foreign Banks: EBLR: External Benchmarks Lending Rate data was reported at 91.350 % in Sep 2024. This records an increase from the previous number of 90.839 % for Jun 2024. India Interest Rate: Share of Outstanding Floating Rate Rupee Loans: Foreign Banks: EBLR: External Benchmarks Lending Rate data is updated quarterly, averaging 75.806 % from Sep 2019 (Median) to Sep 2024, with 21 observations. The data reached an all-time high of 91.350 % in Sep 2024 and a record low of 25.691 % in Sep 2019. India Interest Rate: Share of Outstanding Floating Rate Rupee Loans: Foreign Banks: EBLR: External Benchmarks Lending Rate data remains active status in CEIC and is reported by Reserve Bank of India. The data is categorized under India Premium Database’s Interest and Foreign Exchange Rates – Table IN.MB002: Bank Interest Rate: Share of Outstanding Floating Rate Rupee Loans.

India Prime Lending Rate: Bank of Baroda data was reported at 13.600 % pa in 18 Dec 2018. This stayed constant from the previous number of 13.600 % pa for 17 Dec 2018. India Prime Lending Rate: Bank of Baroda data is updated daily, averaging 14.150 % pa from Jul 2010 (Median) to 18 Dec 2018, with 3093 observations. The data reached an all-time high of 15.000 % pa in 30 Apr 2012 and a record low of 12.000 % pa in 05 Aug 2010. India Prime Lending Rate: Bank of Baroda data remains active status in CEIC and is reported by Bank of Baroda. The data is categorized under India Premium Database’s Interest and Foreign Exchange Rates – Table IN.MB003: Lending Rate.

India Prime Lending Rate: IDBI Bank data was reported at 14.150 % pa in 27 Nov 2018. This stayed constant from the previous number of 14.150 % pa for 26 Nov 2018. India Prime Lending Rate: IDBI Bank data is updated daily, averaging 14.000 % pa from Apr 1970 (Median) to 27 Nov 2018, with 17773 observations. The data reached an all-time high of 19.000 % pa in 31 Mar 1992 and a record low of 8.500 % pa in 31 Mar 1973. India Prime Lending Rate: IDBI Bank data remains active status in CEIC and is reported by Industrial Development Bank of India. The data is categorized under India Premium Database’s Interest and Foreign Exchange Rates – Table IN.MB003: Lending Rate.

India Foreign Banks: Demand Loan Rate: At Least 60% Business: High: Sber Bank data was reported at 18.000 % pa in Dec 2018. This stayed constant from the previous number of 18.000 % pa for Sep 2018. India Foreign Banks: Demand Loan Rate: At Least 60% Business: High: Sber Bank data is updated quarterly, averaging 15.875 % pa from Sep 2014 (Median) to Dec 2018, with 18 observations. The data reached an all-time high of 18.000 % pa in Dec 2018 and a record low of 10.300 % pa in Jun 2018. India Foreign Banks: Demand Loan Rate: At Least 60% Business: High: Sber Bank data remains active status in CEIC and is reported by Reserve Bank of India. The data is categorized under India Premium Database’s Interest and Foreign Exchange Rates – Table IN.MB039: Lending Rate: Other than Export Credit: Demand Loan Rate: At Least 60% Business: High.