Jaipur, April 12, 2019: IDBI Bank reduces Marginal Cost of Funds based Lending Rates ( MCLR ) as under :
| Tenor | MCLR ( in % ) |
| Overnight | 7.90% |
| One Month | 8.15% |
| Three Month | 8.40% |
| Six Month | 8.60% |
| One Year | 9.00% |
| Two Year | 9.25% |
| Three Year | 9.30% |
The above revised rates are applicable w.e.f. April 12, 2019.
The bank has reduced MCLR by 5 bps to 10 bps across various tenors.
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