FD Rates Savings

8.55% * p.a

0.75% Extra For Senior Citizens Know More
Upto

7.5% * p.a

Know More
8880036666

accounts iconInterest Rate Framework


MARGINAL COST OF FUNDS BASED LENDING RATE (MCLR) WITH EFFECT FROM 1st JUNE 2019

Tenor - wise MCLR effective from 1st JUNE 2019 is as under
Tenor MCLR (%)
Overnight MCLR 14.05%
1 Month MCLR 14.85%
3 Month MCLR 15.10%
6 Month MCLR 15.25%
1 Year MCLR 15.50%
External benchmark Rates effective from 1st JUNE 2019 are as under
Bench Mark Rate
External Benchmark Rate - 1 * 7.36%
External Benchmark Rate - 2 # 6.91%
* Arrived based on 3 months' average yield of 10 - year Government of India Bond.
# Arrived based on 3 months' average yield of 3 - year Government of India Bond.