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प्रेस विज्ञप्ति/ PRESS RELEASE 06.04.2017
Indian Bank revises Marginal Cost based Lending Rate (MCLR)Chennai based Public Sector lender 'Indian Bank' has revised its MCLR , the benchmark rate to which interest rates on loans are linked as mentioned below:
Tenor | MCLR |
Overnight | 8.15% |
1 month | 8.20% |
3 months | 8.30% |
6 months | 8.40% |
1 yr | 8.50% |
3 yrs | 8.70% |
5 yrs | 8.90% |
The rates will be effective from 07.04.2017.
For favor of PublicationNagarajan M
General Manager (CCD) Indian Bank
Indian Bank published this content on 06 April 2017 and is solely responsible for the information contained herein.
Distributed by Public, unedited and unaltered, on 06 April 2017 14:49:18 UTC.
Original documenthttp://www.indianbank.in/pdfs/PRESSRELEASEMCLR.pdf
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