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Banking

Indian Bank – Current MCLR Base Rate for Lending

Indian Bank has hiked its One Year MCLR Base Rate or the minimum lending rate by 0.10%, or 10 basis points with effect from Friday, July 20, 2018. Indian Bank has revised its One Year MCLR Base Rate from 8.50 percent to 8.60 percent per annum.

Categories
Banking

Indian Bank – Current Benchmark Prime Lending Rate

Indian Bank has decreased its Benchmark Prime Lending Rate by 0.30%, or 30 basis points with effect from Monday, June 08, 2015. This interest rate cut will decrease the cost for those people who have taken their loans on floating rate of interest.