{"id":1301,"date":"2018-12-23T19:25:06","date_gmt":"2018-12-23T13:55:06","guid":{"rendered":"http:\/\/www.theteamwork.com\/finance\/?p=1301"},"modified":"2018-12-24T01:29:57","modified_gmt":"2018-12-23T19:59:57","slug":"901440-royal-bank-scotland-current-mclr-base-rate-lending","status":"publish","type":"post","link":"https:\/\/www.theteamwork.com\/finance\/901440-royal-bank-scotland-current-mclr-base-rate-lending.html","title":{"rendered":"The Royal Bank of Scotland – Current MCLR Base Rate for Lending"},"content":{"rendered":"

The Royal Bank of Scotland – Current MCLR Base Rate and Loan Interest Rate<\/strong><\/p>\n

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

The Royal Bank of Scotland Increases One Year MCLR Base Rate to 6.80 Percent Per Annum<\/strong><\/p>\n

The The Royal Bank of Scotland India (RBS) has hiked its benchmark MCLR (Marginal Cost of Funds based Lending Rate) Base Rate for new loans by 0.30 percent, or 30 basis points (BPS) with effect from Saturday, December 01, 2018.<\/p>\n

The Royal Bank of Scotland has revised its One Year MCLR Base Rate or the minimum lending rate from 6.50 percent to 6.80 percent per annum.<\/p>\n

The Royal Bank of Scotland’s new MCLR Base Rate will be applicable for all new loans and the existing loans that may come up for renewal.<\/p>\n

The Royal Bank of Scotland 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

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

The Royal Bank of Scotland’s MCLR Base Rate effective from December 01, 2018 is:
\nOvernight MCLR: 5.95%
\nOne Month MCLR: 6.05%
\nThree Month MCLR: 6.30%
\nSix Month MCLR: 6.55%
\nOne Year MCLR: 6.80%<\/p>\n

The Royal Bank of Scotland’s MCLR Base Rate effective from November 01, 2018 was:
\nOvernight MCLR: 5.45%
\nOne Month MCLR: 5.50%
\nThree Month MCLR: 5.90%
\nSix Month MCLR: 6.20%
\nOne Year MCLR: 6.50%<\/p>\n

The Royal Bank of Scotland’s MCLR Base Rate effective from October 01, 2018 was:
\nOvernight MCLR: 5.70%
\nOne Month MCLR: 5.85%
\nThree Month MCLR: 6.10%
\nSix Month MCLR: 6.30%
\nOne Year MCLR: 6.65%<\/p>\n

The Royal Bank of Scotland’s MCLR Base Rate effective from June 01, 2017 was:
\nOvernight MCLR: 8.45%
\nOne Month MCLR: 8.40%
\nThree Month MCLR: 8.45%
\nSix Month MCLR: 8.55%
\nOne Year MCLR: 8.70%<\/p>\n

The Royal Bank of Scotland’s MCLR Base Rate effective from November 02, 2016 was:
\nOvernight MCLR: 7.75%
\nOne Month MCLR: 8.00%
\nThree Month MCLR: 8.00%
\nSix Month MCLR: 8.05%
\nOne Year MCLR: 8.10%<\/p>\n

The Royal Bank of Scotland’s MCLR Base Rate effective from August 01, 2016 was:
\nOvernight MCLR: 7.85%
\nOne Month MCLR: 7.75%
\nThree Month MCLR: 7.90%
\nSix Month MCLR: 8.05%
\nOne Year MCLR: 8.15%<\/p>\n

The Royal Bank of Scotland Cuts Base Rate to 5.75 Percent Per Annum<\/strong><\/p>\n

The The Royal Bank of Scotland India (RBS) has lowered its Base Rate (BR) for old loans by 0.10 percent, or 10 basis points (BPS) with effect from Monday, October 01, 2018.<\/p>\n

The Royal Bank of Scotland has revised its Base Rate or the minimum lending rate from 5.85 percent to 5.75 percent per annum.<\/p>\n

The Royal Bank of Scotland 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

The Royal Bank of Scotland’s Base Rate Historical Data<\/strong><\/p>\n

October 01, 2018 Base Rate: 5.75%
\nJuly 01, 2018 Base Rate: 5.85%
\nApril 01, 2018 Base Rate: 6.30%
\nJanuary 01, 2018 Base Rate: 8.20%
\nOctober 01, 2017 Base Rate: 8.50%
\nJuly 03, 2017 Base Rate: 8.45%
\nApril 03, 2017 Base Rate: 7.35%
\nJanuary 02, 2017 Base Rate: 8.05%
\nOctober 03, 2016 Base Rate: 8.20%
\nJuly 01, 2016 Base Rate: 7.95%
\nMarch 01, 2016 Base Rate: 9.30%
\nOctober 05, 2015 Base Rate: 8.50%
\nJuly 01, 2015 Base Rate: 9.00%
\nJanuary 23, 2015 Base Rate: 9.50%
\nNovember 07, 2013 Base Rate: 9.70%
\nSeptember 04, 2013 Base Rate: 10.25%
\nAugust 01, 2013 Base Rate: 9.95%
\nFebruary 01, 2013 Base Rate: 9.00%
\nAugust 13, 2012 Base Rate: 9.75%
\nOctober 07, 2011 Base Rate: 10.00%
\nAugust 05, 2011 Base Rate: 9.75%
\nMay 12, 2011 Base Rate: 9.00%
\nMarch 09, 2011 Base Rate: 8.50%
\nDecember 24, 2010 Base Rate: 7.75%
\nOctober 01, 2010 Base Rate: 7.00%
\nJuly 01, 2010 Base Rate: 6.50%<\/p>\n","protected":false},"excerpt":{"rendered":"

The Royal Bank of Scotland has hiked its One Year MCLR Base Rate or the minimum lending rate by 0.30%, or 30 basis points with effect from Saturday, December 01, 2018. The Royal Bank of Scotland has revised its One Year MCLR Base Rate from 6.50 percent to 6.80 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":[36,254,407,408,409],"class_list":["post-1301","post","type-post","status-publish","format-standard","hentry","category-banking","tag-current-base-rate","tag-mclr-base-rate","tag-the-royal-bank-of-scotland","tag-the-royal-bank-of-scotland-base-rate","tag-the-royal-bank-of-scotland-lending-rate"],"_links":{"self":[{"href":"https:\/\/www.theteamwork.com\/finance\/wp-json\/wp\/v2\/posts\/1301","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=1301"}],"version-history":[{"count":0,"href":"https:\/\/www.theteamwork.com\/finance\/wp-json\/wp\/v2\/posts\/1301\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.theteamwork.com\/finance\/wp-json\/wp\/v2\/media?parent=1301"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.theteamwork.com\/finance\/wp-json\/wp\/v2\/categories?post=1301"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.theteamwork.com\/finance\/wp-json\/wp\/v2\/tags?post=1301"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}