Standard Chartered Bank has hiked its One Year MCLR Base Rate or the minimum lending rate by 0.15%, or 15 basis points with effect from Friday, December 07, 2018. Standard Chartered Bank has revised its One Year MCLR Base Rate from 9.25 percent to 9.40 percent per annum.
Standard Chartered Bank – Current MCLR Base Rate and Loan Interest Rate
New Delhi (Delhi, India), December 23, 2018
Standard Chartered Bank Increases One Year MCLR Base Rate to 9.40 Percent Per Annum
The Standard Chartered Bank (SCB) has hiked its benchmark MCLR (Marginal Cost of Funds based Lending Rate) Base Rate for new loans by 0.15 percent, or 15 basis points (BPS) with effect from Friday, December 07, 2018.
Standard Chartered Bank has revised its One Year MCLR Base Rate or the minimum lending rate from 9.25 percent to 9.40 percent per annum.
Standard Chartered Bank’s new MCLR Base Rate will be applicable for all new loans and the existing loans that may come up for renewal.
Standard Chartered Bank applies the interest rates on all new loans and advances with reference to MCLR based rates from April 01, 2016 onwards.
The Reserve Bank of India (RBI) has asked all banks to set at least five MCLR based benchmark lending rates – Overnight MCLR, One Month MCLR, Three Month MCLR, Six Month MCLR, and One Year MCLR. The loans linked with MCLR will be reset for a maximum of one year tenure.
Standard Chartered Bank’s Marginal Cost of Funds based Lending Rate (MCLR) Historical Data
Standard Chartered Bank’s MCLR Base Rate effective from December 07, 2018 is:
Overnight MCLR: 8.20%
One Month MCLR: 8.90%
Three Month MCLR: 9.25%
Six Month MCLR: 9.30%
One Year MCLR: 9.40%
Two Year MCLR: 9.85%
Three Year MCLR: 9.90%
Standard Chartered Bank’s MCLR Base Rate effective from November 07, 2018 was:
Overnight MCLR: 8.10%
One Month MCLR: 8.75%
Three Month MCLR: 9.15%
Six Month MCLR: 9.20%
One Year MCLR: 9.25%
Two Year MCLR: 9.70%
Three Year MCLR: 9.80%
Standard Chartered Bank’s MCLR Base Rate effective from October 06, 2018 was:
Overnight MCLR: 8.05%
One Month MCLR: 8.75%
Three Month MCLR: 9.05%
Six Month MCLR: 9.10%
One Year MCLR: 9.15%
Two Year MCLR: 9.60%
Three Year MCLR: 9.70%
Standard Chartered Bank’s MCLR Base Rate effective from September 07, 2018 was:
Overnight MCLR: 7.90%
One Month MCLR: 8.65%
Three Month MCLR: 9.00%
Six Month MCLR: 9.00%
One Year MCLR: 9.15%
Two Year MCLR: 9.50%
Three Year MCLR: 9.60%
Standard Chartered Bank’s MCLR Base Rate effective from August 07, 2018 was:
Overnight MCLR: 7.70%
One Month MCLR: 8.50%
Three Month MCLR: 8.90%
Six Month MCLR: 8.90%
One Year MCLR: 9.15%
Two Year MCLR: 9.40%
Three Year MCLR: 9.50%
Standard Chartered Bank’s MCLR Base Rate effective from July 07, 2018 was:
Overnight MCLR: 7.70%
One Month MCLR: 8.50%
Three Month MCLR: 8.80%
Six Month MCLR: 8.80%
One Year MCLR: 9.05%
Two Year MCLR: 9.30%
Three Year MCLR: 9.40%
Standard Chartered Bank’s MCLR Base Rate effective from June 08, 2018 was:
Overnight MCLR: 7.70%
One Month MCLR: 8.45%
Three Month MCLR: 8.70%
Six Month MCLR: 8.70%
One Year MCLR: 8.95%
Two Year MCLR: 9.10%
Three Year MCLR: 9.25%
Standard Chartered Bank’s MCLR Base Rate effective from May 08, 2018 was:
Overnight MCLR: 7.80%
One Month MCLR: 8.30%
Three Month MCLR: 8.65%
Six Month MCLR: 8.70%
One Year MCLR: 8.75%
Two Year MCLR: 9.10%
Three Year MCLR: 9.25%
Standard Chartered Bank’s MCLR Base Rate effective from April 07, 2018 was:
Overnight MCLR: 7.80%
One Month MCLR: 8.30%
Three Month MCLR: 8.55%
Six Month MCLR: 8.60%
One Year MCLR: 8.65%
Two Year MCLR: 9.10%
Three Year MCLR: 9.25%
Standard Chartered Bank’s MCLR Base Rate effective from March 07, 2018 was:
Overnight MCLR: 7.95%
One Month MCLR: 8.30%
Three Month MCLR: 8.55%
Six Month MCLR: 8.60%
One Year MCLR: 8.65%
Two Year MCLR: 9.10%
Three Year MCLR: 9.25%
Standard Chartered Bank’s MCLR Base Rate effective from February 08, 2018 was:
Overnight MCLR: 7.95%
One Month MCLR: 8.30%
Three Month MCLR: 8.45%
Six Month MCLR: 8.50%
One Year MCLR: 8.55%
Two Year MCLR: 9.00%
Three Year MCLR: 9.15%
Standard Chartered Bank’s MCLR Base Rate effective from January 08, 2018 was:
Overnight MCLR: 7.95%
One Month MCLR: 8.30%
Three Month MCLR: 8.45%
Six Month MCLR: 8.50%
One Year MCLR: 8.55%
Two Year MCLR: 8.90%
Three Year MCLR: 9.05%
Standard Chartered Bank’s MCLR Base Rate effective from November 08, 2017 was:
Overnight MCLR: 8.05%
One Month MCLR: 8.40%
Three Month MCLR: 8.45%
Six Month MCLR: 8.50%
One Year MCLR: 8.55%
Two Year MCLR: 8.90%
Three Year MCLR: 9.05%
Standard Chartered Bank’s MCLR Base Rate effective from October 09, 2017 was:
Overnight MCLR: 8.15%
One Month MCLR: 8.45%
Three Month MCLR: 8.50%
Six Month MCLR: 8.50%
One Year MCLR: 8.55%
Two Year MCLR: 8.90%
Three Year MCLR: 9.00%
Standard Chartered Bank’s MCLR Base Rate effective from September 07, 2017 was:
Overnight MCLR: 8.20%
One Month MCLR: 8.45%
Three Month MCLR: 8.50%
Six Month MCLR: 8.50%
One Year MCLR: 8.55%
Two Year MCLR: 8.90%
Three Year MCLR: 9.00%
Standard Chartered Bank’s MCLR Base Rate effective from July 07, 2017 was:
Overnight MCLR: 8.20%
One Month MCLR: 8.50%
Three Month MCLR: 8.50%
Six Month MCLR: 8.50%
One Year MCLR: 8.60%
Two Year MCLR: 8.90%
Three Year MCLR: 9.00%
Standard Chartered Bank’s MCLR Base Rate effective from June 08, 2017 was:
Overnight MCLR: 8.25%
One Month MCLR: 8.70%
Three Month MCLR: 8.75%
Six Month MCLR: 8.85%
One Year MCLR: 8.85%
Two Year MCLR: 9.20%
Three Year MCLR: 9.35%
Standard Chartered Bank’s MCLR Base Rate effective from May 08, 2017 was:
Overnight MCLR: 8.30%
One Month MCLR: 8.75%
Three Month MCLR: 8.85%
Six Month MCLR: 8.95%
One Year MCLR: 8.95%
Two Year MCLR: 9.30%
Three Year MCLR: 9.45%
Standard Chartered Bank’s MCLR Base Rate effective from February 07, 2017 was:
Overnight MCLR: 8.50%
One Month MCLR: 8.75%
Three Month MCLR: 8.85%
Six Month MCLR: 8.95%
One Year MCLR: 8.95%
Two Year MCLR: 9.20%
Three Year MCLR: 9.30%
Standard Chartered Bank’s MCLR Base Rate effective from January 07, 2017 was:
Overnight MCLR: 8.50%
One Month MCLR: 8.75%
Three Month MCLR: 8.85%
Six Month MCLR: 8.95%
One Year MCLR: 9.00%
Two Year MCLR: 9.30%
Three Year MCLR: 9.40%
Standard Chartered Bank’s MCLR Base Rate effective from December 08, 2016 was:
Overnight MCLR: 8.50%
One Month MCLR: 8.75%
Three Month MCLR: 8.85%
Six Month MCLR: 9.05%
One Year MCLR: 9.10%
Two Year MCLR: 9.30%
Three Year MCLR: 9.40%
Standard Chartered Bank’s MCLR Base Rate effective from October 07, 2016 was:
Overnight MCLR: 8.50%
One Month MCLR: 8.80%
Three Month MCLR: 8.85%
Six Month MCLR: 9.05%
One Year MCLR: 9.10%
Two Year MCLR: 9.30%
Three Year MCLR: 9.40%
Standard Chartered Bank’s MCLR Base Rate effective from August 07, 2016 was:
Overnight MCLR: 8.55%
One Month MCLR: 8.75%
Three Month MCLR: 8.95%
Six Month MCLR: 9.10%
One Year MCLR: 9.20%
Two Year MCLR: 9.35%
Three Year MCLR: 9.45%
Standard Chartered Bank’s MCLR Base Rate effective from June 07, 2016 was:
Overnight MCLR: 8.45%
One Month MCLR: 8.75%
Three Month MCLR: 8.95%
Six Month MCLR: 9.15%
One Year MCLR: 9.25%
Two Year MCLR: 9.35%
Three Year MCLR: 9.45%
Standard Chartered Bank’s MCLR Base Rate effective from May 07, 2016 was:
Overnight MCLR: 8.45%
One Month MCLR: 8.80%
Three Month MCLR: 8.95%
Six Month MCLR: 9.25%
One Year MCLR: 9.30%
Two Year MCLR: 9.45%
Three Year MCLR: 9.50%
Standard Chartered Bank’s MCLR Base Rate effective from April 01, 2016 was:
Overnight MCLR: 8.45%
One Month MCLR: 9.20%
Three Month MCLR: 9.35%
Six Month MCLR: 9.45%
One Year MCLR: 9.45%
Two Year MCLR: 9.45%
Three Year MCLR: 9.45%
Five Year MCLR: 9.65%
Standard Chartered Bank Ups Base Rate to 9.35 Percent Per Annum
The Standard Chartered Bank (SCB) has also raised its Base Rate (BR) for old loans by 0.35 percent, or 35 basis points (BPS) with effect from Monday, December 10, 2018.
Standard Chartered Bank has revised its Base Rate or the minimum lending rate from 9.00 percent to 9.35 percent per annum.
Standard Chartered Bank decides its interest rates on all loans and advances lent until March 31, 2016 with reference to Base Rate from July 01, 2010 onwards.
Standard Chartered Bank’s Base Rate Historical Data
December 10, 2018 Base Rate: 9.35%
September 04, 2018 Base Rate: 9.00%
June 02, 2018 Base Rate: 8.55%
March 14, 2018 Base Rate: 8.45%
December 30, 2017 Base Rate: 8.35%
October 06, 2017 Base Rate: 8.45%
June 29, 2017 Base Rate: 8.70%
March 31, 2017 Base Rate: 9.15%
December 23, 2016 Base Rate: 9.25%
October 05, 2015 Base Rate: 9.50%
August 07, 2014 Base Rate: 9.75%
September 12, 2013 Base Rate: 10.25%
August 08, 2013 Base Rate: 9.75%
October 01, 2012 Base Rate: 9.50%
September 01, 2011 Base Rate: 9.75%
July 22, 2011 Base Rate: 9.50%
May 20, 2011 Base Rate: 9.25%
February 21, 2011 Base Rate: 8.50%
December 21, 2010 Base Rate: 8.00%
October 01, 2010 Base Rate: 7.50%
July 01, 2010 Base Rate: 7.25%