FD Rates Savings

8.3% * p.a

0.60% Extra For Senior Citizens Know More
Upto

7.5% * p.a

Know More
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accounts iconInterest Rate Framework


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

Tenor – wise MCLR effective from 1st August 2019 is as under
Tenor MCLR (%)
Overnight MCLR 13.75%
1 Month MCLR 13.85%
3 Month MCLR 14.30%
6 Month MCLR 14.50%
1 Year MCLR 14.95%
External benchmark Rates effective from 1st August 2019 are as under
Bench Mark Rate
External Benchmark Rate - 1 * 6.95%
External Benchmark Rate - 2 # 6.61%
* 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.