Most co-operative banks are small in size and it is difficult for them to lend loans at lower interest rates. However, if these lower lending rates continue to remain low in the market for a while, the co-operatives may be forced to reduce the rates to stop customers from switching over to other banks.

This data on differential PLRs is expected to bring more transparency into the pricing of retail loans. It is very likely that RBI may reiterate the need to maintain a single BPLR and disclose cost details to the customer while charging an interest rate for a particular loan, especially in the floating rate segment.

Fixed rate home loans for 10-20 years are 9.75 (if margin is up to 25 per cent) and 10 per cent (if the margin is more than 25 per cent). Floating home loan rates for the same period is 10.50 per cent (if margin is up to 25 per cent) and 10.75 per cent, if the margin is more than 25 per cent.

Fixed rate home loans for 10-20 years are 9.75 (if margin is up to 25 per cent) and 10 per cent (if the margin is more than 25 per cent). Floating home loan rates for the same period is 10.50 per cent (if margin is up to 25 per cent) and 10.75 per cent, if the margin is more than 25 per cent.

An additional concession of up to 50 basis points will be offered if the margin or the down payment is 25 per cent and above for loans above Rs 20 lakh. A concession of up to 50 per cent will also be offered on the processing fee.

The new floating rate for 5-year loans up to Rs 20 lakh is 10 per cent. Interest rates of floating rate loans of upto Rs 20 lakh with 5-15 year maturity is 10.25%. It is 10.50% for 15-25 year tenure floating loans of below Rs 20 lakh size.