Last Updated on 13/11/2020
Lending Rates (MCLR)

TENOR WISE MCLR FOR THE MONTH OF NOVEMBER 2020 W E F 10.11.2020

Sr. No.

Tenor

Existing MCLR %

wef 10.10.2020

Revised MCLR %

wef 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


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.