Base Rate: 9.92% (w.e.f 01st August 2017)
All rupee loans sanctioned and credit limits renewed (Subject to the exemptions permitted by RBI) will be priced with reference to the Marginal Cost of Funds based lending rate w. e. f. 01st August 2017.
The Bank will now review and publish MCLR as under. These rates will be valid till the next review.
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MARGINAL COST OF FUNDS BASED LENDING RATE (MCLR)
Tenor MCLR %
Overnight 9.33
One Month 9.43
Three Month 9.53
Six Month 9.63
One Year 9.80
Two Years 9.88
Three Years 9.98