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.

Graph and download economic data for Interest Rates: Immediate Rates (< 24 Hours): Central Bank Rates: Total for India (IRSTCB01INM156N) from Jan 1968 to Dec 2023 about overnight, India, interest rate, banks, depository institutions, interest, and rate.

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.

Base Rate: Public Sector Banks: Central Bank of India data was reported at 8.000 % pa in Dec 2018. This stayed constant from the previous number of 8.000 % pa for Sep 2018. Base Rate: Public Sector Banks: Central Bank of India data is updated quarterly, averaging 9.950 % pa from Sep 2010 (Median) to Dec 2018, with 34 observations. The data reached an all-time high of 10.750 % pa in Mar 2012 and a record low of 7.700 % pa in Mar 2018. Base Rate: Public Sector Banks: Central Bank of India 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: Base Rate.

India: Real interest rate: Bank lending rate minus inflation: The latest value from 2022 is 2.52 percent, an increase from 0.32 percent in 2021. In comparison, the world average is -0.41 percent, based on data from 94 countries. Historically, the average for India from 1978 to 2022 is 5.65 percent. The minimum value, -1.98 percent, was reached in 2010 while the maximum of 10.77 percent was recorded in 1978.

Monthly and long-term India Interest Rate data: historical series and analyst forecasts curated by FocusEconomics.

Bank Lending Rate in India remained unchanged at 9.46 percent in October. This dataset provides - India Prime Lending Rate - actual values, historical data, forecast, chart, statistics, economic calendar and news.

Base Rate: Public Sector Banks: Bank of India data was reported at 8.200 % pa in Dec 2018. This records an increase from the previous number of 8.000 % pa for Sep 2018. Base Rate: Public Sector Banks: Bank of India data is updated quarterly, averaging 9.950 % pa from Sep 2010 (Median) to Dec 2018, with 34 observations. The data reached an all-time high of 10.750 % pa in Mar 2012 and a record low of 7.700 % pa in Dec 2017. Base Rate: Public Sector Banks: Bank of India 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: Base Rate.

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.

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

View monthly updates and historical trends for India Long-Term Interest Rates. Source: Organisation for Economic Co-operation and Development. Track econo…

Real interest rate of India rocketed by 695.51% from 0.32 % in 2021 to 2.52 % in 2022. Since the 40.01% slump in 2020, real interest rate plummeted by 39.04% in 2022. Real interest rate is the lending interest rate adjusted for inflation as measured by the GDP deflator.

Graph and download economic data for Interest Rates: 3-Month or 90-Day Rates and Yields: Interbank Rates: Total for India (INDIR3TIB01STQ) from Q1 2012 to Q3 2025 about interbank, India, 3-month, yield, interest rate, interest, and rate.

India Base Rate: 5 Major Banks: High data was reported at 9.450 % pa in 06 Dec 2018. This stayed constant from the previous number of 9.450 % pa for 05 Dec 2018. India Base Rate: 5 Major Banks: High data is updated daily, averaging 10.000 % pa from Jul 2010 (Median) to 06 Dec 2018, with 3081 observations. The data reached an all-time high of 10.750 % pa in 27 Apr 2012 and a record low of 8.000 % pa in 24 Sep 2010. India Base Rate: 5 Major Banks: High data remains active status in CEIC and is reported by Reserve Bank of India. The data is categorized under Daily Database’s Lending Rates – Table IN.MB002: Base Rate.

India Base Rate: 5 Major Banks: Low data was reported at 8.950 % pa in 06 Dec 2018. This stayed constant from the previous number of 8.950 % pa for 05 Dec 2018. India Base Rate: 5 Major Banks: Low data is updated daily, averaging 9.500 % pa from Jul 2010 (Median) to 06 Dec 2018, with 3081 observations. The data reached an all-time high of 10.000 % pa in 03 Apr 2015 and a record low of 7.500 % pa in 26 Nov 2010. India Base Rate: 5 Major Banks: Low data remains active status in CEIC and is reported by Reserve Bank of India. The data is categorized under Daily Database’s Lending Rates – Table IN.MB002: Base Rate.

Long-term interest rate in India, September, 2025 The most recent value is 6.59 percent as of September 2025, an increase compared to the previous value of 6.52 percent. Historically, the average for India from December 2011 to September 2025 is 7.3 percent. The minimum of 5.81 percent was recorded in July 2020, while the maximum of 8.99 percent was reached in April 2014. | TheGlobalEconomy.com

Key information about India Long Term Interest Rate

• India Government Securities Yield: 10 Years was reported at 6.63 % pa in Oct 2025, compared with 6.64 % pa in the previous month.
• India Long Term Interest Rate data is updated monthly, available from May 1996 to Oct 2025.
• The data reached an all-time high of 13.96 % pa in May 1996 and a record low of 5.11 % pa in Oct 2003.
• Long Term Interest Rate is reported by reported by Reserve Bank of India.

• In the latest reports, India Short Term Interest Rate: Month End: India: MIBOR: 3 Months was reported at 6.12 % pa in Oct 2025.
• The cash rate (Policy Rate: Month End: Repo Rate) was set at 5.50 % pa in Nov 2025.
• India Exchange Rate against USD averaged 88.37 (USD/INR) in Oct 2025.

Graph and download economic data for Interest Rates: 3-Month or 90-Day Rates and Yields: Interbank Rates: Total for India (INDIR3TIB01STM) from Dec 2011 to Sep 2025 about interbank, India, 3-month, yield, interest rate, interest, and rate.

The dataset contains year- and month-wise compiled data on policy rates fixed by Reserve Bank of India (RBI) for various financial policy and securities. These include data relating to Policy Repo Rate, Reverse Repo Rate, Marginal Standing Facility (MSF) Rate, Bank Rate, Base Rate, MCLR (Overnight), Term Deposit Rate greater than Year, Savings Deposit Rate, Call Money Rate (Weighted Average), 91, 182, 654-Day Treasury Bill (Primary) Yield, 10-Year G-Sec Par Yield (FBIL), etc.

Notes:

1. Repo rate is the rate at which the RBI lends money to commercial banks in the event of any shortfall of funds
2. Reverse Repo rate is the rate at which the RBI borrows money from commercial banks in the event of any shortfall of funds
3. Standing Deposit Facility is an overnight deposit facility that allows banks to park excess liquidity (money) and earn interest
4. Marginal Standing Facility rate is the interest rate at which RBI provides money to the scheduled commercial banks who are facing acute shortage of liquidity
5. The call money rate is the benchmark interest rate that banks charge brokers who are borrowing the money to fund margin loans. The call money rate, also known as the broker loan rate, typically isn't available to individuals, instead, investors pay the call money rate plus a service fee on a margin account.
6. Treasury bills or T-bills, which are money market instruments, are short term debt instruments issued by the Government of India and are presently issued in three tenors, namely, 91 days, 182 days and 364 days.
7. Government Securities (G-sec_ yield is a method to evaluate the broader trend of interest rates in the economy
8. Marginal Cost of Funds-based Lending Rate (MCLR) is the minimum rate at which a bank can lend to its customers on certain loans

Graph and download economic data for Interest Rates: Immediate Rates (< 24 Hours): Call Money/Interbank Rate: Total for India (IRSTCI01INM156N) from Jan 1968 to Oct 2025 about interbank, overnight, India, interest rate, interest, and rate.