ICICI Bank announces MCLR benchmarks

To be effective from 01 April 2016

ICICI Bank announced the introduction of the following ICICI Bank MCLR (I-MCLR) benchmarks:

Overnight - 9.00%
1 month - 9.00%
3 months - 9.10%
6 months - 9.15%
1 Year - 9.20%

Interest rates on all rupee loans sanctioned and credit limits renewed with effect from 01 April 2016 will be priced with reference to I-MCLR benchmarks.

Powered by Capital Market - Live News