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Banking

Allahabad Bank – Current MCLR Base Rate for Lending

Allahabad Bank has hiked its One Year MCLR Base Rate or the minimum lending rate by 0.05%, or 05 basis points with effect from Saturday, September 01, 2018. Allahabad Bank has revised its One Year MCLR Base Rate from 8.45 percent to 8.50 percent per annum.

Categories
Banking

Allahabad Bank – Current Benchmark Prime Lending Rate

Allahabad Bank has decreased its Benchmark Prime Lending Rate by 0.10%, or 10 basis points with effect from Friday, December 01, 2017. This interest rate cut will decrease the cost for those people who have taken their loans on floating rate of interest.