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South Indian Bank revises MCLRs for multiple tenors

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Capital Market

With effect from 20 November 2020

South Indian Bank announced that Marginal Cost of Funds Based Lending Rates (MCLR) applicable for multiple tenors has been revised w.e.f 20 November 2020 as follows:

Overnight MCLR - 7.95%
One-month MCLR - 7.95%
Three-month MCLR - 8.00%
Six month MCLR - 8.05%
One year MCLR - 8.20%

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First Published: Nov 19 2020 | 5:34 PM IST

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