Indian Bank announced MCLR rates

To be implemented effective 01 April 2016

Indian Bank has fixed the following Marginal Cost of Funds based Lending Rate (MCLR) rates with effect from 01 April 2016 -

Overnight - 9.20%
1 month - 9.25%
3 months - 9.30%
6 months - 9.35%
1 year - 9.45%
3 years - 9.55%
5 years - 9.70%.

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