Sr. No. Tenor Existing MCLR % w.e.f 10.12.2022 Change Revised MCLR % w.e.f 10.01.2023 1 Overnight MCLR 7.65 0.05 7.70 2 One - Month MCLR 7.70 0.05 7.75 3 Three - Month MCLR 8.00 0.05 8.05 4 Six - Month MCLR 8.15 0.05 8.20 5 One Year MCLR 8.25 0.05 8.30 6 Two Year MCLR 8.35 0.05 8.40 7 Three Year MCLR 8.40 0.05 8.45 Interest Rate of Loans for Overnight Tenor MCLR and One Month MCLR Shall be Sanctioned Only by the Top Management at Central Office. It is Further Clarified that Discretion to Sanction Overnight and One Month MCLR is not Available with Any Other Functionaries.
1
Overnight MCLR
7.65
0.05
7.70
2
One - Month MCLR
7.75
3
Three - Month MCLR
8.00
8.05
4
Six - Month MCLR
8.15
8.20
5
One Year MCLR
8.25
8.30
6
Two Year MCLR
8.35
8.40
7
Three Year MCLR
8.45
Interest Rate of Loans for Overnight Tenor MCLR and One Month MCLR Shall be Sanctioned Only by the Top Management at Central Office. It is Further Clarified that Discretion to Sanction Overnight and One Month MCLR is not Available with Any Other Functionaries.