Bank of Maharashtra Cuts lending rates (MCLR) for short tenor lending
Mumbai, June 12, 2017: Bank of Maharashtra has slashed its marginal cost of funds based lending rates (MCLR) up to 0.35% w.e.f 07.06.2017 for tenors lending as under
|
Tenor |
Existing MCLR |
Revised MCLR |
|
Overnight MCLR |
8.55% |
8.30% |
|
1 month MCLR |
8.70% |
8.35% |
|
3 month MCLR |
8.70% |
8.40% |
MCLR for 6 months tenor and 1 year tenor is kept at 8.75%
