Allahabad Bank reviews MCLR rates

With effect from 10 July 2017

Allahabad Bank has reviewed the MCLR rates and decided to keep the MCLRs upto 1 year unchanged and has introduced MCLR benchmarks for more than 1 year i.e. for 2 years and 3 years. The rates are applicable from 10 July 2017 as under -

Overnight - 8.00%
One month - 8.10%
Three month - 8.30%
Six months - 8.40%
One year - 8.50%
Two year - 8.70%
Three year - 8.75%

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