Latest MCLR Rates of all Banks

Here is the comparison of MCLR (Marginal Cost based Lending Rates) rates of all the major banks in India. These MCLR Rates are updated from time to time. Lowest MCLR is of State Bank of India. MCLR Rate is the minimum lending rate and all the loan products are linked to this MCLR rate. Check Lowest Interest on Home Loan 

MCLR rates of all major banks in India:

Bank MCLR Last updated
Axis Bank MCLR 8.25% 18 Jan 2017
Bank of Baroda MCLR 8.35% 07 Apr 2017
Bank of India MCLR 8.50% 07 Apr 2017
Canara Bank MCLR 8.45% 07 Jan 2017
Central Bank of India MCLR 8.40% 01 May 2017
Corporation Bank MCLR 9.75% 15 Apr 2017
Dena Bank MCLR 8.65% 01 May 2017
Deutsche Bank MCLR 9.30%  07 Apr 2017
HDFC Bank MCLR 8.15%  07 Apr 2017
HSBC MCLR 7.70%  01 May 2017
ICICI Bank MCLR 8.20%  01 Apr 2017
IDBI Bank MCLR 8.95%  01 Feb 2017
Indian Bank MCLR 8.50% 07 Apr 2017
Indian Overseas Bank MCLR 8.65%  07 Jan 2017
Indusind Bank MCLR 9.10% 17 Apr 2017
Kotak Mahindra Bank MCLR 8.80% 01 May 2017
OBC MCLR 8.60% 01 May 2017
PNB MCLR 8.35% 01 May 2017
Punjab & Sind Bank MCLR 8.75% 05 Apr 2017
SBI MCLR 8.00% 01 May 2017
Standard Chartered Bank MCLR 8.95% 07 Apr 2017
Syndicate Bank MCLR 8.75% 10 Apr 2017
Uco Bank MCLR 8.60% 10 Apr 2017
Union Bank of India MCLR 8.50% 01 May 2017
Vijaya Bank MCLR 8.65% 07 Feb 2017
Yes Bank MCLR 8.80% 02 May 2017
READ  10 Public Sector Banks asked to cut cost

 

The MCLR rates given above are one year rates, MCLR rates for tenor less than and more than one year will be different.

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Author: BankersClub

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