Marginal Cost of funds based Lending Rate (MCLR)

All rupee loans sanctioned and credit limits renewed with effect from 1 April 2016 shall be priced with reference to the MCLR, which will be the internal benchmark for such purposes.

Effective date – 7th October 2021
Tenor Tenure wise MCLR
Overnight 5.85%
1 month 6.20%
3 month 6.35%
6 month 6.45%
1 year (12 month) 6.70%
2 year (24 month) 7.10%
3 year (36 month) 7.65%