Indian Overseas Bank has revised the MCLR with effect from 15 August 2024 as under:
| Tenor |
MCLR (%) |
Change |
|
Overnight |
8.20 |
-- |
|
One month |
8.45 |
+5bps |
|
Three month |
8.60 |
+5bps |
|
Six month |
8.85 |
+5bps |
|
One year |
9.00 |
+5bps |
|
Two year |
9.00 |
+5bps |
|
Three year |
9.15 |
+10bps |