What's the highest interest on a bank loan?

The benchmark loan interest rates of banks are all the same, and there is no bank with the highest loan interest rate.

However, banks can raise interest rates, and the interest rate is determined according to the products you handle, generally up to 80%.

Bank loan interest rates are as follows:

Loans within six months (including six months) 4.85%;

Loans from six months to one year (including 1 year) 4.85%

5.25% for one to three years (including three years);

5.25% for three to five years (including five years);

Loans with a term of more than five years are 5.40%.

Maximum loan interest stipulated by the state:

According to the relevant provisions of the Supreme People's Court's Opinions on People's Trial of Lending Cases, "the interest rate of private lending may be appropriately higher than that of banks, but the maximum shall not exceed four times that of similar loans of banks". Therefore, the principal of private lending is protected, and the interest that does not exceed 4 times the interest rate of similar loans of banks is also protected by law, and the excess is not protected by law.

The benchmark interest rate for the same period refers to the benchmark interest rate announced by the central bank, such as 1 year. The benchmark interest rate is 6%, which is four times that of 24%, that is, more than 24% is legally recognized.