Corporate News     19-Nov-20
South Indian Bank revises MCLRs for multiple tenors
With effect from 20 November 2020
South Indian Bank announced that Marginal Cost of Funds Based Lending Rates (MCLR) applicable for multiple tenors has been revised w.e.f 20 November 2020 as follows:

Overnight MCLR - 7.95%
One-month MCLR - 7.95%
Three-month MCLR - 8.00%
Six month MCLR - 8.05%
One year MCLR - 8.20%

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