South Indian Bank announced that the Marginal Cost of Funds
Based Lending Rates (MCLR) applicable for multiple tenors has been revised w.e.f. 20 October 2024 as follows:
Overnight MCLR - 7.95%
One-month MCLR - 8.60%
Three-month MCLR - 9.90%
Six month MCLR - 9.95%
One year MCLR - 10.05%