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Indian Bank revises MCLRs

08 Mar 2019 Evaluate

Indian Bank has revised the Marginal Cost of Funds Based Lending Rates (MCLRs) with effect from March 08, 2019. The Bank has revised 1 year MCLR to 8.65% per annum (p.a.).

The Bank has also revised Overnight, 1 month, 3 months and 6 months MCLR to 8.10% p.a., 8.25% p.a., 8.45% p.a. and 8.55% p.a., respectively.

Indian Bank was established as a part of the Swadeshi movement. The Bank provides a wide spectrum of banking products and services.

Peers
Company Name CMP
State Bank Of India 952.80
PNB 114.30
Bank Of Baroda 234.55
Canara Bank 119.00
Union Bank Of India 173.00
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