YrHomeHome » 
banner


Marginal Cost of Funds Based Lending Rate (MCLR) w.e.f. 01st April, 2016

In terms of the guidelines of Reserve Bank of India, our Bank has moved to Marginal Cost of Funds Based Lending Rate (MCLR) for pricing of loans w.e.f. 01st April, 2016. Accordingly, the following tenor based MCLR have been fixed by the Bank w.e.f. 01st April, 2016,

Sl. No.
Tenor
MCLR (In %)
1
Overnight MCLR
9.30%
2
1-Month MCLR
9.35%
3
3-Months MCLR
9.40%
4
6-Months MCLR
9.50%
5
1-Year MCLR
9.60%
 
 
Skip Navigation Links.
retiree