With effect from 01 March 2019
Allahabad Bank has reviewed the existing Marginal Cost of Funds based Lending Rates (MCLRs) and decided for a downward revision of MCLR by 10 bps for all tenors as detailed below -
Overnight - 8.15%
One month - 8.25%
Three month - 8.45%
Six month - 8.50%
One year - 8.65%
Two year - 8.85%
Three year - 8.95%
The aforesaid revised Rates will be effective from 01 March 2019.
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