TENOR WISE MCLR FOR THE MONTH OF NOVEMBER 2020 W E F 10.11.2020 Sr. No. Tenor Existing MCLR % w.e.f. 10.10.2020 Revised MCLR % w.e.f. 10.11.2020 1 Overnight MCLR 7.05 6.85* 2 One - Month MCLR 7.35 6.85* 3 Three - Month MCLR 7.40 7.40 4 Six - Month MCLR 7.40 7.40 5 One Year MCLR 7.50 7.45 6 Two Year MCLR 7.50 7.45 7 Three Year MCLR 7.50 7.45
TENOR WISE MCLR FOR THE MONTH OF NOVEMBER 2020 W E F 10.11.2020
Sr. No.
Tenor
Existing MCLR %
w.e.f. 10.10.2020
Revised MCLR %
w.e.f. 10.11.2020
1
Overnight MCLR
7.05
6.85*
2
One - Month MCLR
7.35
3
Three - Month MCLR
7.40
4
Six - Month MCLR
5
One Year MCLR
7.50
7.45
6
Two Year MCLR
7
Three Year MCLR
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.