Marginal Cost of Funds based Lending Rate (MCLR)

Marginal Cost of Funds based Lending Rate (MCLR)

In terms of Guidelines of Reserve Bank of India (RBI), the Tenor based MCLR fixed by the Bank w.e.f. 11th June, 2020 up to 10th July, 2020 is as under:

Type of MCLR

MCLR (per annum)

Overnight 7.05%
One-month 7.15%
Three-month 7.30%
Six month 7.45%
1 year 7.60%
2 year 7.75%
3 year 7.80%

Previous Months MCLR Rates

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