IDBI Bank reduces MCLR

Effective 01 July 2016

IDBI Bank has reduces the Marginal Cost of Funds based Lending Rates (MCLR) w.e.f. 01 July 2016.

Overnight - 8.60%
One month - 9.00%
Three month - 9.15%
Six month - 9.25%
One year - 9.30%
Two year - 9.55%
Three year - 9.70%.

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