PRESS RELEASE
Marketing and Publicity Dept, Head Office, Lokmangal
1501, Shivaji Nagar, Pune 411 005 bomcomedia@gmail.com;
Bank of Maharashtra Cuts lending rates (MCLR) for short tenor lendingBank of Maharashtra has slashed its marginal cost of funds based lending rates (MCLR) up to 0.35% w.e.f 07.06.2017 for tenors lending as under
Tenor | Existing MCLR | Revised MCLR |
Overnight MCLR | 8.55% | 8.30% |
1 month MCLR | 8.70% | 8.35% |
3 month MCLR | 8.70% | 8.40% |
MCLR for 6 months tenor and 1 year tenor is kept at 8.75%.
Bank of Maharashtra published this content on 07 June 2017 and is solely responsible for the information contained herein.
Distributed by Public, unedited and unaltered, on 12 June 2017 11:33:24 UTC.
Original documenthttp://www.bankofmaharashtra.in/press/BOM-Cuts-lending-rates-for-short-tenor-lending.pdf
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