What's the highest interest on bank loans?

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

However, banks can raise interest rates, which are based on 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);

5.40% for loans over five years.

The maximum interest of loans stipulated by the state:

According to the relevant provisions of the Supreme People'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 interest rate 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 four times the interest rate of similar loans of banks is also protected by law, while 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, and the benchmark interest rate is 6%, which is four times 24%, that is, more than 24% is legally recognized.