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Citibank India – Current Benchmark Prime Lending Rate



Citibank India – Current Benchmark Prime Lending Rate or Minimum Interest Rate for Loans

New Delhi (Delhi, India), June 05, 2017

Citibank India Cuts Benchmark Prime Lending Rate to 15.45%

The Citibank India has decreased its Citibank Mortgage Prime Rate (CMPR) or Benchmark Prime Lending Rate (BPLR) by 0.10 percent, or 10 basis points with effect from Tuesday, March 07, 2017.

Citibank India has revised its Citibank Mortgage Prime Rate or Benchmark Prime Lending Rate for personal loans and consumer loans from 15.55 percent to 15.45 percent per annum.

Citibank India uses Citibank Mortgage Prime Rate or Benchmark Prime Lending Rate for determining the interest rates on home loans and advances sanctioned up to June 30, 2010.



Citibank India has also reduced its Base Rate (BR) or the minimum lending rate from 8.80 percent to 8.70 percent per annum with effect from Tuesday, March 07, 2017.

Citibank India determines its interest rates on all loans and advances, including consumer loans, lent until March 31, 2016 with reference to Base Rate from July 01, 2010 onwards.

Citibank India’s current interest rate cut will decrease the cost of funds for those people who have taken their home loan advances on floating rate of interest. However, this interest rates revision will not affect the Citibank India’s fixed rate customers, as their contracted rates will remain unchanged.

Historical Data for Citibank India’s Benchmark Prime Lending Rate and Base Rate

March 07, 2017 Mortgage Reference Rate: 15.45% Base Rate: 8.70%
January 07, 2017 Mortgage Reference Rate: 15.55% Base Rate: 8.80%
December 07, 2016 Mortgage Reference Rate: 15.75% Base Rate: 9.00%
September 20, 2016 Mortgage Reference Rate: 15.85% Base Rate: 9.10%
June 07, 2016 Mortgage Reference Rate: 15.90% Base Rate: 9.15%
October 12, 2015 Mortgage Reference Rate: 16.00% Base Rate: 9.25%
July 01, 2015 Mortgage Reference Rate: 16.85% Base Rate: 9.35%
November 17, 2014 Mortgage Reference Rate: 17.00% Base Rate: 9.50%
January 06, 2014 Mortgage Reference Rate: 17.25% Base Rate: 9.75%
December 03, 2013 Mortgage Reference Rate: 17.50% Base Rate: 10.00%
August 26, 2013 Mortgage Reference Rate: 17.75% Base Rate: 10.25%
August 12, 2013 Mortgage Reference Rate: 17.25% Base Rate: 9.75%
January 10, 2013 Mortgage Reference Rate: 17.00% Base Rate: 9.50%
August 05, 2011 Mortgage Reference Rate: 17.25% Base Rate: 9.75%
June 27, 2011 Mortgage Reference Rate: 17.00% Base Rate: 9.50%
May 09, 2011 Mortgage Reference Rate: 16.50% Base Rate: 9.00%
February 25, 2011 Mortgage Reference Rate: 16.00% Base Rate: 8.50%
December 22, 2010 Mortgage Reference Rate: 15.50% Base Rate: 8.00%
October 01, 2010 Mortgage Reference Rate: 15.25% Base Rate: 7.75%
July 01, 2010 Mortgage Reference Rate: 14.75% Base Rate: 7.25%
August 11, 2009 Mortgage Reference Rate: 13.50%
April 01, 2009 Mortgage Reference Rate: 13.75%

Citibank India – Deposits and Loans Interest Rates
Current Deposits and Loans Interest Rates of Citibank India


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