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Updated MCLR Rates for Tenors | RBL Bank

Wondering what the updated MCLR rates are? RBL Bank brings you recent MCLR rates w.e.f. 22nd September 2019. Click to know more!<br>

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Updated MCLR Rates for Tenors | RBL Bank

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  1. Marginal Cost of Funding based Lending Rate (MCLR) The Marginal Cost of Funds based Lending Rate (MCLR) with effect from September 22, 2019 for various tenors are as given under: S. No. Benchmark Tenor Benchmark Benchmark Rate p.a. 1 Overnight MCLR O/N 9.15% 2 One Month MCLR 1M 9.20% 3 Three Month MCLR 3M 9.45% 4 Six Month MCLR 6M 9.65% 5 One Year MCLR 1Y 9.95% All rupee loans sanctioned and credit limits renewed (other than exceptions permitted by RBI) will be priced with reference to the tenor based MCLR as mentioned above. Copyright © RBL Bank Ltd.

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