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MCLR Lending Rates w.e.f. 01 November 2019

Nov1

Current Month Updated Marginal Cost of Funds based Lending Rates

Table showing Marginal Cost of Funds based Lending Rates
TenorPrevious MCLR Rate
( October 2019 )
Current MCLR Rate
( November 2019 )
  • Interest Rates are subject to change without notice as per the market trends and the bank’s decision in this regards is final.
  • The above MCLRs shall be applicable only to new loans / advances sanctioned / first disbursements made in current month and those credit facilities renewed / reviewed / reset and also where switchover of MCLR linked interest rate is permitted at the option of the borrower.
Overnight8.80%8.80%
One Month MCLR8.80%8.80%
Three Month MCLR8.90%8.90%
Six Month MCLR8.90%8.90%
One Year MCLR9.10%9.10%

Download recently updated MCLR based Interest Rates for Loan Products