Banks charge differently rate of interest depending on the size of the loan.
‘Different rates of interest' is the correct replacement in the sentence here. Eg: Company gives different rates of dividends to shareholders.
Rate of interest on loans - Rate of interest on deposits is called ___ .
Statement: An advertisement by Bank X ‘Our interest rates for education loans are lower than any other bank’.
Assumptions:
I. Some other banks also provide education loans.
II. Interest rates charged on education loans are different for different banks.