FD Rates Savings

9.55% * p.a

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Upto

6.5% * p.a

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MARGINAL COST OF FUNDS BASED LENDING RATE (MCLR) WITH EFFECT FROM 01st DECEMBER 2018

Tenor – wise MCLR effective from 01st December 2018 is as under
Tenor MCLR (%)
Overnight MCLR 14.40%
1 Month MCLR 14.75%
3 Month MCLR 15.35%
6 Month MCLR 15.45%
1 Year MCLR 16.10%
External benchmark Rates effective from 01st December, 2018 are as under
Bench Mark Rate
External Benchmark Rate - 1 * 7.95%
External Benchmark Rate - 2 # 7.76%
* 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.