With effect from 01 November 2018
Lakshmi Vilas Bank has revised the Marginal Cost of funds based Lending Rate (MCLR) with effect from 01 November 2018.
Overnight MCLR - 9.40% p.a.
One month MCLR - 9.40% p.a.
Three month MCLR - 9.50% p.a.
Six month MCLR - 9.60% p.a.
One year MCLR - 9.80% p.a.
In line with the RBI guidelines, all rupee loans & advances disbursed and credit limits renewed/reset w.e.f. 01 November 2018 will be priced with reference to the above MCLR benchmark.
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