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Indian Bank announced MCLR rates

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Capital Market

To be implemented effective 01 April 2016

Indian Bank has fixed the following Marginal Cost of Funds based Lending Rate (MCLR) rates with effect from 01 April 2016 -

Overnight - 9.20%
1 month - 9.25%
3 months - 9.30%
6 months - 9.35%
1 year - 9.45%
3 years - 9.55%
5 years - 9.70%.

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First Published: Apr 01 2016 | 9:42 AM IST

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