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 January 2022
Tenor Tenure wise MCLR
Overnight 5.95%
1 month 6.30%
3 month 6.45%
6 month 6.65%
1 year (12 month) 6.95%
2 year (24 month) 7.45%
3 year (36 month) 7.90%