FD Rates Savings

9.55% * p.a

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Upto

7.5% * p.a

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

Tenor – wise MCLR effective from 1st February 2019 is as under
Tenor MCLR (%)
Overnight MCLR 14.55%
1 Month MCLR 14.75%
3 Month MCLR 15.15%
6 Month MCLR 15.70%
1 Year MCLR 16.00%
External benchmark Rates effective from 1st February are as under
Bench Mark Rate
External Benchmark Rate - 1 * 7.56%
External Benchmark Rate - 2 # 7.21%
* 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.