Interest Rates 2024 Graph In India. โ india long term interest rate data is updated monthly, available from may 1996 to apr 2024. Punjab national bank, bank of india, bank of baroda, indian overseas bank and canara bank offer rate of interest on home loans starting from 8.40% p.a.
Interest rate is the proportion of a loan that is charged as interest to the borrower, typically an annual percentage of the loan outstanding. India inflation rate for 2022 was 6.70%, a 1.57% increase from 2021.
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