State Bank of Bikaner and Jaipur introduces Marginal Cost of Fund based Lending Rate

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With effect from 01 April 2016
State Bank of Bikaner and Jaipur has introduced Marginal Cost of Fund based Lending Rate (MCLR) and the Bank has decided MCLRs w.e.f. 01 April 2016 as under -
Overnight MCLR - 9.10%
One month MCLR - 9.40%
Three month MCLR - 9.50%
Six month MCLR - 9.60%
1 Year MCLR - 9.70%.
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First Published: Mar 31 2016 | 7:39 PM IST