Jaipur, April 12, 2019: IDBI Bank reduces Marginal Cost of Funds based Lending Rates ( MCLR ) as under :
Tenor | MCLR ( in % ) |
Overnight | 7.90% |
One Month | 8.15% |
Three Month | 8.40% |
Six Month | 8.60% |
One Year | 9.00% |
Two Year | 9.25% |
Three Year | 9.30% |
The above revised rates are applicable w.e.f. April 12, 2019.
The bank has reduced MCLR by 5 bps to 10 bps across various tenors.