Bank loan interest rate table in 2009:

I. Short-term loans

Within half a year (including half a year) 4.86%

Half a year to one year (including one year) 5.3 1%

Second, medium and long-term loans

One to three years (including three years) 5.40%

Three to five years (including five years) 5.76%

More than five years, 5.94%

Three, the discount rate is determined as the lower limit.

Four, personal housing provident fund loans

Under five years (inclusive) 3.33%

More than five years, 3.87%

Five, the civil affairs department welfare factory loan 3.87%

6.2.43% of the economic loans are used for the development of the old and the young.

Seven, ethnic trade and ethnic commodity production loans 2.43%

Eight, poverty alleviation loans (including pastoral areas) 3.00%

Extended data

Interest calculation of loan interest rate:

(1) The interest rate conversion formula for RMB business is (note: common for deposits and loans):

1, daily interest rate (0/000)= annual interest rate (%)÷360= monthly interest rate (‰)÷30.

2. Monthly interest rate (‰) = annual interest rate (%)÷ 12.

(two) banks can use the product interest method and the transaction interest method to calculate interest.

1. Accumulate the account balance daily according to the actual number of days, and multiply the accumulated product by the daily interest rate to calculate the interest. The interest-bearing formula is: interest = accumulated interest-bearing products × daily interest rate, where accumulated interest-bearing products = total daily balance.

2. Transaction-by-transaction interest calculation method calculates interest one by one according to the preset interest calculation formula: interest = principal × interest rate × loan term. Specifically, if there are three interest-bearing periods in a whole year (month), the interest-bearing formula is: ① Interest = principal × annual (month )× annual (month) interest rate.

If the interest-bearing period has a whole year (month) and odd days, the interest-bearing formula is: ② Interest = principal× year (month )× year (month) interest rate principal× odd days× daily interest rate.

At the same time, banks can choose to convert all interest-bearing periods into actual days to calculate interest, that is, 365 days per year (366 days in leap years), and each month is the actual number of days in the Gregorian calendar of the current month. The interest-bearing formula is as follows:

③ Interest = principal × actual days × daily interest rate

These three formulas are essentially the same, but because the interest rate conversion is only 360 days a year. However, when calculating the actual daily interest rate, it will be calculated according to 365 days a year, and the result will be slightly biased.

Which formula is used specifically, the central bank gives financial institutions the right to choose independently. Therefore, the parties and financial institutions can agree on this in the contract.

(3) Compound interest: Compound interest means adding interest at a certain interest rate. According to the regulations of the central bank, if the borrower fails to repay the interest at the time agreed in the contract, it will be charged with compound interest.

(4) Penalty interest: If the lender fails to repay the bank loan within the prescribed time limit, the penalty interest paid by the bank to the defaulter according to the contract signed with the parties is called bank penalty interest.

(V) loans overdue liquidated damages: penalties for the defaulting party with the same nature as penalty interest.