Lending and Deposit Rates of Scheduled Commercial Banks

July 31, 2026

Lending and Deposit Rates of Scheduled Commercial Banks – July 2026

Data on lending and deposit rates of scheduled commercial banks (SCBs) (excluding regional rural banks and small finance banks) received during July 2026 are set out in Tables 1 to 9.

Highlights:

Lending Rates:

• The weighted average lending rate (WALR) on fresh rupee loans of SCBs stood at 8.53 per cent in June 2026 (8.51 per cent in May 2026).
• The WALR on outstanding rupee loans of SCBs declined marginally to 8.96 per cent in June 2026 from 8.97 per cent in May 2026.
• 1-Year median Marginal Cost of Funds based Lending Rate (MCLR) of SCBs stood at 8.60 per cent in July 2026 (8.50 per cent in June 2026).
• The WALR on fresh as well as outstanding rupee loans exhibited a mixed movement across sectors in June 2026.

Deposit Rates:

• The weighted average domestic term deposit rate (WADTDR) on fresh rupee term deposits of SCBs stood at 5.99 per cent in June 2026 (5.83 per cent in May 2026).
• The WADTDR on outstanding rupee term deposits of SCBs increased marginally to 6.58 per cent in June 2026 from 6.57 per cent in May 2026.

Ajit Prasad Press Release: 2026-2027/793 Deputy General Manager (Communications)

प्रेस प्रकाशनी PRESS RELEASE

भारतीय ǐरज़वर् बैंक

RESERVE BANK OF INDIA

वेबसाइट : www.rbi.org.in/hindi संचार ͪ वभाग, केंद्रȣय कायार्लय, शहȣद भगत ͧ संह मागर्, फोटर्, मुंबई - 400 001 Website : www.rbi.org.in Department of Communication, Central Office, Shahid Bhagat Singh Marg, Fort, ई-मेल/email : helpdoc@rbi.org.in Mumbai - 400 001 फोन/Phone: 022 - 2266 0502