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Revision in Marginal Cost of Funds Based Lending Rates (MCLR) (Company Update)
Revision in Marginal Cost of Funds Based Lending Rates (MCLR) (Company Update)
Revision in Marginal Cost of Funds Based Lending Rates (MCLR) (Company Update)
06.10.2016
The Secretary,
Bombay Stock Exchange limited
PhirozeJeejeebhoy Towers,
Dalal Street,
Mumbai - 400 001
Dear Sir.
Ref: Revision in Marginal Cost of Funds based Lending Rates (MCLR) of the
Bank effective from 07.10.2016.
We advise that MCLR of the Bank h a s been revised with effect from
07.10.2016.
The detailed Marginal Cost of Funds based Lending Rates (MCLR) applicable
for the various tenors are as below:
Overnight MCLR
One-month MCLR
Three month MCLR
Six month MCLR
One year MCLR
9.50 %
9.50 %
9.50 %
9.70 %
9.90 %
Srinivasarao M
Asst. Company Secretary
Y E A R S OF
SMART B A N K I N G