The MCLR is the lowest interest rate at which a bank can make a loan to a customer. SBI MCLR loan interest rates March 2025.
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India Today on MSNCheck SBI's latest lending rates for March 2025: MCLR and base rateThe updated MCLR rates will directly influence interest rates on various financial products, including home loans, personal ...
Banks give out loans to industry based on a benchmark called marginal cost of funds or MCLR, which is an internal metric that is linked to their deposit rates. As of September 2024, 37% of all ...
MCLR, or Marginal Cost of Funds-Based Lending Rate, is the minimum interest rate below which banks cannot lend. Introduced by ...
A repo rate cut generally lowers borrowing costs, making loans more affordable. However, borrowers often do not see an ...
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As of March 2025, several leading banks, including HDFC Bank, Bank of Baroda, Punjab National Bank (PNB), Canara Bank, and ...
State-owned Canara Bank Ltd on Tuesday (March 11) announced a revision in its Marginal Cost of Funds Based Lending Rate (MCLR ...
HDFC Bank has revised its Marginal Cost of Funds-based Lending Rate (MCLR). The bank has reduced the 2-year MCLR by 5 basis points (bps). Other loan tenures remain unchanged. New MCLR Rates ...
TMB has lowered its one-year MCLR from 9.75 per cent to 9.60 per cent, making loans linked to this benchmark more affordable. Additionally, the bank has reduced its RLLR from 9.45 per cent to 9.25 ...
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The State Bank of India (SBI) has announced unchanged marginal cost of funds-based lending rates (MCLR) for various loan ...
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