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State of Rural India Market: Commercial Interest Rate 12.5% Processing Time 33weeks

The document compares interest rates and processing times for loans from commercial banks, money lenders, cooperative banks, and regional rural banks. Commercial banks have the highest interest rate of 12.5% but also the longest processing time of 33 weeks, while regional rural banks have an 11% interest rate and 24 week processing time. Cooperative banks have the lowest rates of 11% and 29 weeks for processing.

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Utkarsh Sinha
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25 views1 page

State of Rural India Market: Commercial Interest Rate 12.5% Processing Time 33weeks

The document compares interest rates and processing times for loans from commercial banks, money lenders, cooperative banks, and regional rural banks. Commercial banks have the highest interest rate of 12.5% but also the longest processing time of 33 weeks, while regional rural banks have an 11% interest rate and 24 week processing time. Cooperative banks have the lowest rates of 11% and 29 weeks for processing.

Uploaded by

Utkarsh Sinha
Copyright
© © All Rights Reserved
We take content rights seriously. If you suspect this is your content, claim it here.
Available Formats
Download as DOCX, PDF, TXT or read online on Scribd
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Commercial

*Interest rate
12.5%
*Processing
Time 33Weeks

MoneyLenders State of Co-operative


Bank
*Charge
Exorbitant rates
*Locks in
Rural India *Interest :11%
*Pocessing:29
consumers
Market w

RRB
*Interest
rate:11%
*Processing
Time:24 Weeks

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