The fluctuation range of bank loan interest rate is stipulated by the central bank, which is generally 30% higher than the benchmark interest rate, that is, the current one-year loan interest rate is 6%, that is, the fluctuation range of loan interest rate is 6%-7.8%.

Of course, it won't go up like that. If it is too high, the borrower will not be able to pay it back, which will cause the bank to be short of money. If it is too low, it will cause a flood of applications, and banks will be reluctant to lend, which is not good. This needs to consider the relationship between supply and demand and the current market situation to decide.

Bank loan interest rate refers to the ratio of interest amount to principal amount during the loan period. The interest rate in China is managed by the People's Bank of China. The bank loan interest rate refers to the benchmark interest rate set by the People's Bank of China, and the actual contract interest rate can fluctuate within a certain range on the basis of the benchmark interest rate.

The interest rate of loan contracts with banks and other financial institutions as lenders can only be determined through consultation within the upper and lower interest rate limits stipulated by the People's Bank of China. If the loan interest rate is high, the repayment amount of the borrower will increase after the loan term, otherwise it will decrease.

Floating range:

In 2004, the central bank released the floating range of bank loan interest rate, and the upper limit of bank loan interest rate was no longer limited, and the lower limit was 0.9 times of the benchmark interest rate. However, there is still an upper limit on the loan interest rate of credit cooperatives, which requires that the upper limit of the loan interest rate of credit cooperatives should not be higher than 2.3 times the benchmark interest rate.

20 13 with the approval of the State Council, the People's Bank of China fully liberalized the control of loan interest rate of financial institutions from July 20th, 20 13, and all the restrictions involved in the lower limit of loan interest rate, discounted bill interest rate and upper limit of loan interest rate of rural credit cooperatives were cancelled.

20 15 the bank changed the interest rate to the one-year benchmark interest rate of 4.35%.

Floating datum:

1. is conducive to highlighting the credit policy and business characteristics of China Bank. Preferential interest rates are given to foreign trade enterprises, foreign-funded enterprises, foreign affairs enterprises, large and medium-sized export production enterprises and high-tech production enterprises with good benefits.

2. It is conducive to promoting the development of related banking business in China. In terms of interest rate standards, we can give appropriate care to the loans of our basic customers, temporary loans of customers whose deposits exceed loans, and loans of customers who handle import and export settlement business and intermediary business in our bank.

3 is conducive to the cost accounting of credit funds, improve the ratio of assets to liabilities and its cost structure.

The fluctuation range of loan interest rate should refer to the bearing capacity of comprehensive capital cost of banks. The total amount of low-cost sources restricts the total amount of interest rate downward loans, while the total amount of high-cost sources determines the total amount of interest rate upward loans. The interest rate structure of the source of funds should adapt to the interest rate structure of the use of funds.

4. Conducive to the risk management of credit assets. In principle, low-risk loans are subject to low interest rates and high-risk loans are subject to high interest rates. For enterprises whose own funds are not up to a reasonable proportion, or whose own funds are not supplemented according to regulations, and their credit rating is low, interest rates should be used to promote them to improve their management and economic benefits.

Does the state stipulate the highest interest rate for bank loans?

There is no upper limit for the interest rate ceiling released by the state, that is, there is no upper limit for the bank loan interest rate, so there is no upper limit for the loan interest. However, the loan interest rates of urban credit cooperatives and rural credit cooperatives are still subject to the upper limit management, and the maximum floating coefficient is 2.3 times of the benchmark loan interest rate, and the downward fluctuation of the loan interest rate remains unchanged.

According to Article 2 of the Notice on Adjusting Deposit and Loan Interest Rates of Financial Institutions, the floating range of loan interest rates of financial institutions is relaxed, allowing deposit interest rates to float downwards.

1. The loan interest rate of financial institutions (except urban and rural credit cooperatives) is no longer capped. Commercial bank loans and loans managed by policy banks according to commercialization are no longer subject to upper limit management, and the downward fluctuation of loan interest rates remains unchanged. The loan interest rates of urban credit cooperatives and rural credit cooperatives are still subject to upper limit management, with the highest floating coefficient being 2.3 times of the benchmark loan interest rate, and the downward fluctuation of the loan interest rate remains unchanged. Personal housing loans, preferential loans and loans as otherwise stipulated in the State Council, the interest rate does not rise.

2. Establish a downward floating system of RMB deposit interest rate. Financial institutions take the benchmark interest rate of RMB deposits set by the People's Bank of China as the upper limit, and implement the deposit interest rate downward floating system. That is, the lower limit of RMB deposit interest rate is 0, and the upper limit is the benchmark interest rate of deposits of all grades. Taking the adjusted one-year deposit rate (2.25%) as an example, financial institutions can independently determine the one-year deposit rate within the range of 0-2.25%. The deposit interest rate cannot go up. The scope of the deposit interest rate downward floating system includes RMB deposits of enterprises and institutions absorbed by financial institutions and RMB savings deposits of urban and rural residents.

Extended data:

Determination of loan interest rate in Article 13 of the General Principles of Loans. The lender shall determine the interest rate of each loan according to the upper and lower limits of the loan interest rate stipulated by the People's Bank of China, and specify it in the loan contract.

Article 14 Calculation and collection of loan interest. Lenders and borrowers shall collect or pay interest on schedule according to the loan contract and relevant interest-bearing provisions of the People's Bank of China. When the loan extension period and the original term reach the new interest rate term grade, the loan interest will be charged at the new term grade interest rate from the date of extension. Penalty interest is charged for overdue loans according to regulations.