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 November 2022 | |
---|---|
Tenor | Tenure wise MCLR |
Overnight | 5.70% |
1 month | 6.05% |
3 month | 6.20% |
6 month | 6.50% |
1 year (12 month) | 6.90% |
2 year (24 month) | 7.45% |
3 year (36 month) | 7.85% |