Kotak Mahindra Bank has increased its Benchmark Prime Lending Rate by 0.10%, or 10 basis points with effect from Friday, September 14, 2018. This interest rate hike will increase the cost for those people who have taken their loans on floating rate of interest.
Tag: Kotak Mahindra Bank Lending Rate
Kotak Mahindra Bank has hiked its One Year MCLR Base Rate or the minimum lending rate by 0.05%, or 05 basis points with effect from Sunday, July 01, 2018. Kotak Mahindra Bank has revised its One Year MCLR Base Rate from 8.90 percent to 8.95 percent per annum.
