{"id":1300,"date":"2018-12-23T22:25:02","date_gmt":"2018-12-23T16:55:02","guid":{"rendered":"http:\/\/www.theteamwork.com\/finance\/?p=1300"},"modified":"2018-12-24T01:27:05","modified_gmt":"2018-12-23T19:57:05","slug":"901110-standard-chartered-bank-current-mclr-base-rate-lending","status":"publish","type":"post","link":"https:\/\/www.theteamwork.com\/finance\/901110-standard-chartered-bank-current-mclr-base-rate-lending.html","title":{"rendered":"Standard Chartered Bank – Current MCLR Base Rate for Lending"},"content":{"rendered":"

Standard Chartered Bank – Current MCLR Base Rate and Loan Interest Rate<\/strong><\/p>\n

New Delhi (Delhi, India), December 23, 2018<\/p>\n

Standard Chartered Bank Increases One Year MCLR Base Rate to 9.40 Percent Per Annum<\/strong><\/p>\n

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.<\/p>\n

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.<\/p>\n

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.<\/p>\n

Standard Chartered Bank applies the interest rates on all new loans and advances with reference to MCLR based rates from April 01, 2016 onwards.<\/p>\n

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.<\/p>\n

Standard Chartered Bank’s Marginal Cost of Funds based Lending Rate (MCLR) Historical Data<\/strong><\/p>\n

Standard Chartered Bank’s MCLR Base Rate effective from December 07, 2018 is:
\nOvernight MCLR: 8.20%
\nOne Month MCLR: 8.90%
\nThree Month MCLR: 9.25%
\nSix Month MCLR: 9.30%
\nOne Year MCLR: 9.40%
\nTwo Year MCLR: 9.85%
\nThree Year MCLR: 9.90%<\/p>\n

Standard Chartered Bank’s MCLR Base Rate effective from November 07, 2018 was:
\nOvernight MCLR: 8.10%
\nOne Month MCLR: 8.75%
\nThree Month MCLR: 9.15%
\nSix Month MCLR: 9.20%
\nOne Year MCLR: 9.25%
\nTwo Year MCLR: 9.70%
\nThree Year MCLR: 9.80%<\/p>\n

Standard Chartered Bank’s MCLR Base Rate effective from October 06, 2018 was:
\nOvernight MCLR: 8.05%
\nOne Month MCLR: 8.75%
\nThree Month MCLR: 9.05%
\nSix Month MCLR: 9.10%
\nOne Year MCLR: 9.15%
\nTwo Year MCLR: 9.60%
\nThree Year MCLR: 9.70%<\/p>\n

Standard Chartered Bank’s MCLR Base Rate effective from September 07, 2018 was:
\nOvernight MCLR: 7.90%
\nOne Month MCLR: 8.65%
\nThree Month MCLR: 9.00%
\nSix Month MCLR: 9.00%
\nOne Year MCLR: 9.15%
\nTwo Year MCLR: 9.50%
\nThree Year MCLR: 9.60%<\/p>\n

Standard Chartered Bank’s MCLR Base Rate effective from August 07, 2018 was:
\nOvernight MCLR: 7.70%
\nOne Month MCLR: 8.50%
\nThree Month MCLR: 8.90%
\nSix Month MCLR: 8.90%
\nOne Year MCLR: 9.15%
\nTwo Year MCLR: 9.40%
\nThree Year MCLR: 9.50%<\/p>\n

Standard Chartered Bank’s MCLR Base Rate effective from July 07, 2018 was:
\nOvernight MCLR: 7.70%
\nOne Month MCLR: 8.50%
\nThree Month MCLR: 8.80%
\nSix Month MCLR: 8.80%
\nOne Year MCLR: 9.05%
\nTwo Year MCLR: 9.30%
\nThree Year MCLR: 9.40%<\/p>\n

Standard Chartered Bank’s MCLR Base Rate effective from June 08, 2018 was:
\nOvernight MCLR: 7.70%
\nOne Month MCLR: 8.45%
\nThree Month MCLR: 8.70%
\nSix Month MCLR: 8.70%
\nOne Year MCLR: 8.95%
\nTwo Year MCLR: 9.10%
\nThree Year MCLR: 9.25%<\/p>\n

Standard Chartered Bank’s MCLR Base Rate effective from May 08, 2018 was:
\nOvernight MCLR: 7.80%
\nOne Month MCLR: 8.30%
\nThree Month MCLR: 8.65%
\nSix Month MCLR: 8.70%
\nOne Year MCLR: 8.75%
\nTwo Year MCLR: 9.10%
\nThree Year MCLR: 9.25%<\/p>\n

Standard Chartered Bank’s MCLR Base Rate effective from April 07, 2018 was:
\nOvernight MCLR: 7.80%
\nOne Month MCLR: 8.30%
\nThree Month MCLR: 8.55%
\nSix Month MCLR: 8.60%
\nOne Year MCLR: 8.65%
\nTwo Year MCLR: 9.10%
\nThree Year MCLR: 9.25%<\/p>\n

Standard Chartered Bank’s MCLR Base Rate effective from March 07, 2018 was:
\nOvernight MCLR: 7.95%
\nOne Month MCLR: 8.30%
\nThree Month MCLR: 8.55%
\nSix Month MCLR: 8.60%
\nOne Year MCLR: 8.65%
\nTwo Year MCLR: 9.10%
\nThree Year MCLR: 9.25%<\/p>\n

Standard Chartered Bank’s MCLR Base Rate effective from February 08, 2018 was:
\nOvernight MCLR: 7.95%
\nOne Month MCLR: 8.30%
\nThree Month MCLR: 8.45%
\nSix Month MCLR: 8.50%
\nOne Year MCLR: 8.55%
\nTwo Year MCLR: 9.00%
\nThree Year MCLR: 9.15%<\/p>\n

Standard Chartered Bank’s MCLR Base Rate effective from January 08, 2018 was:
\nOvernight MCLR: 7.95%
\nOne Month MCLR: 8.30%
\nThree Month MCLR: 8.45%
\nSix Month MCLR: 8.50%
\nOne Year MCLR: 8.55%
\nTwo Year MCLR: 8.90%
\nThree Year MCLR: 9.05%<\/p>\n

Standard Chartered Bank’s MCLR Base Rate effective from November 08, 2017 was:
\nOvernight MCLR: 8.05%
\nOne Month MCLR: 8.40%
\nThree Month MCLR: 8.45%
\nSix Month MCLR: 8.50%
\nOne Year MCLR: 8.55%
\nTwo Year MCLR: 8.90%
\nThree Year MCLR: 9.05%<\/p>\n

Standard Chartered Bank’s MCLR Base Rate effective from October 09, 2017 was:
\nOvernight MCLR: 8.15%
\nOne Month MCLR: 8.45%
\nThree Month MCLR: 8.50%
\nSix Month MCLR: 8.50%
\nOne Year MCLR: 8.55%
\nTwo Year MCLR: 8.90%
\nThree Year MCLR: 9.00%<\/p>\n

Standard Chartered Bank’s MCLR Base Rate effective from September 07, 2017 was:
\nOvernight MCLR: 8.20%
\nOne Month MCLR: 8.45%
\nThree Month MCLR: 8.50%
\nSix Month MCLR: 8.50%
\nOne Year MCLR: 8.55%
\nTwo Year MCLR: 8.90%
\nThree Year MCLR: 9.00%<\/p>\n

Standard Chartered Bank’s MCLR Base Rate effective from July 07, 2017 was:
\nOvernight MCLR: 8.20%
\nOne Month MCLR: 8.50%
\nThree Month MCLR: 8.50%
\nSix Month MCLR: 8.50%
\nOne Year MCLR: 8.60%
\nTwo Year MCLR: 8.90%
\nThree Year MCLR: 9.00%<\/p>\n

Standard Chartered Bank’s MCLR Base Rate effective from June 08, 2017 was:
\nOvernight MCLR: 8.25%
\nOne Month MCLR: 8.70%
\nThree Month MCLR: 8.75%
\nSix Month MCLR: 8.85%
\nOne Year MCLR: 8.85%
\nTwo Year MCLR: 9.20%
\nThree Year MCLR: 9.35%<\/p>\n

Standard Chartered Bank’s MCLR Base Rate effective from May 08, 2017 was:
\nOvernight MCLR: 8.30%
\nOne Month MCLR: 8.75%
\nThree Month MCLR: 8.85%
\nSix Month MCLR: 8.95%
\nOne Year MCLR: 8.95%
\nTwo Year MCLR: 9.30%
\nThree Year MCLR: 9.45%<\/p>\n

Standard Chartered Bank’s MCLR Base Rate effective from February 07, 2017 was:
\nOvernight MCLR: 8.50%
\nOne Month MCLR: 8.75%
\nThree Month MCLR: 8.85%
\nSix Month MCLR: 8.95%
\nOne Year MCLR: 8.95%
\nTwo Year MCLR: 9.20%
\nThree Year MCLR: 9.30%<\/p>\n

Standard Chartered Bank’s MCLR Base Rate effective from January 07, 2017 was:
\nOvernight MCLR: 8.50%
\nOne Month MCLR: 8.75%
\nThree Month MCLR: 8.85%
\nSix Month MCLR: 8.95%
\nOne Year MCLR: 9.00%
\nTwo Year MCLR: 9.30%
\nThree Year MCLR: 9.40%<\/p>\n

Standard Chartered Bank’s MCLR Base Rate effective from December 08, 2016 was:
\nOvernight MCLR: 8.50%
\nOne Month MCLR: 8.75%
\nThree Month MCLR: 8.85%
\nSix Month MCLR: 9.05%
\nOne Year MCLR: 9.10%
\nTwo Year MCLR: 9.30%
\nThree Year MCLR: 9.40%<\/p>\n

Standard Chartered Bank’s MCLR Base Rate effective from October 07, 2016 was:
\nOvernight MCLR: 8.50%
\nOne Month MCLR: 8.80%
\nThree Month MCLR: 8.85%
\nSix Month MCLR: 9.05%
\nOne Year MCLR: 9.10%
\nTwo Year MCLR: 9.30%
\nThree Year MCLR: 9.40%<\/p>\n

Standard Chartered Bank’s MCLR Base Rate effective from August 07, 2016 was:
\nOvernight MCLR: 8.55%
\nOne Month MCLR: 8.75%
\nThree Month MCLR: 8.95%
\nSix Month MCLR: 9.10%
\nOne Year MCLR: 9.20%
\nTwo Year MCLR: 9.35%
\nThree Year MCLR: 9.45%<\/p>\n

Standard Chartered Bank’s MCLR Base Rate effective from June 07, 2016 was:
\nOvernight MCLR: 8.45%
\nOne Month MCLR: 8.75%
\nThree Month MCLR: 8.95%
\nSix Month MCLR: 9.15%
\nOne Year MCLR: 9.25%
\nTwo Year MCLR: 9.35%
\nThree Year MCLR: 9.45%<\/p>\n

Standard Chartered Bank’s MCLR Base Rate effective from May 07, 2016 was:
\nOvernight MCLR: 8.45%
\nOne Month MCLR: 8.80%
\nThree Month MCLR: 8.95%
\nSix Month MCLR: 9.25%
\nOne Year MCLR: 9.30%
\nTwo Year MCLR: 9.45%
\nThree Year MCLR: 9.50%<\/p>\n

Standard Chartered Bank’s MCLR Base Rate effective from April 01, 2016 was:
\nOvernight MCLR: 8.45%
\nOne Month MCLR: 9.20%
\nThree Month MCLR: 9.35%
\nSix Month MCLR: 9.45%
\nOne Year MCLR: 9.45%
\nTwo Year MCLR: 9.45%
\nThree Year MCLR: 9.45%
\nFive Year MCLR: 9.65%<\/p>\n

Standard Chartered Bank Ups Base Rate to 9.35 Percent Per Annum<\/strong><\/p>\n

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.<\/p>\n

Standard Chartered Bank has revised its Base Rate or the minimum lending rate from 9.00 percent to 9.35 percent per annum.<\/p>\n

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.<\/p>\n

Standard Chartered Bank’s Base Rate Historical Data<\/strong><\/p>\n

December 10, 2018 Base Rate: 9.35%
\nSeptember 04, 2018 Base Rate: 9.00%
\nJune 02, 2018 Base Rate: 8.55%
\nMarch 14, 2018 Base Rate: 8.45%
\nDecember 30, 2017 Base Rate: 8.35%
\nOctober 06, 2017 Base Rate: 8.45%
\nJune 29, 2017 Base Rate: 8.70%
\nMarch 31, 2017 Base Rate: 9.15%
\nDecember 23, 2016 Base Rate: 9.25%
\nOctober 05, 2015 Base Rate: 9.50%
\nAugust 07, 2014 Base Rate: 9.75%
\nSeptember 12, 2013 Base Rate: 10.25%
\nAugust 08, 2013 Base Rate: 9.75%
\nOctober 01, 2012 Base Rate: 9.50%
\nSeptember 01, 2011 Base Rate: 9.75%
\nJuly 22, 2011 Base Rate: 9.50%
\nMay 20, 2011 Base Rate: 9.25%
\nFebruary 21, 2011 Base Rate: 8.50%
\nDecember 21, 2010 Base Rate: 8.00%
\nOctober 01, 2010 Base Rate: 7.50%
\nJuly 01, 2010 Base Rate: 7.25%<\/p>\n","protected":false},"excerpt":{"rendered":"

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.<\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[6],"tags":[36,254,404,405,406],"class_list":["post-1300","post","type-post","status-publish","format-standard","hentry","category-banking","tag-current-base-rate","tag-mclr-base-rate","tag-standard-chartered-bank","tag-standard-chartered-bank-base-rate","tag-standard-chartered-bank-lending-rate"],"_links":{"self":[{"href":"https:\/\/www.theteamwork.com\/finance\/wp-json\/wp\/v2\/posts\/1300","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.theteamwork.com\/finance\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.theteamwork.com\/finance\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.theteamwork.com\/finance\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.theteamwork.com\/finance\/wp-json\/wp\/v2\/comments?post=1300"}],"version-history":[{"count":0,"href":"https:\/\/www.theteamwork.com\/finance\/wp-json\/wp\/v2\/posts\/1300\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.theteamwork.com\/finance\/wp-json\/wp\/v2\/media?parent=1300"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.theteamwork.com\/finance\/wp-json\/wp\/v2\/categories?post=1300"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.theteamwork.com\/finance\/wp-json\/wp\/v2\/tags?post=1300"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}