With effect from 01 December 2018
Allahabad Bank has reviewed the existing Marginal Cost of Funds Based Lending Rates (MCLRs) and decided for an upward revision of MCLR by 10 basis points (bps) for all the tenors as detailed below:
Overnight MCLR - 8.15%
One month MCLR - 8.25%
Three months MCLR - 8.45%
Six months MCLR - 8.50%
One year MCLR - 8.65%
Two year MCLR - 8.85%
Three year MCLR - 8.95%
The aforesaid revised Rates will be effective from 01 December 2018.
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