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 December 2022
Tenor Tenure wise MCLR
Overnight 5.70%
1 month 6.10%
3 month 6.20%
6 month 6.50%
1 year (12 month) 6.90%
2 year (24 month) 7.45%
3 year (36 month) 7.80%