Corporate News     02-Mar-23
Indian Bank announces revision in MCLRs and TBLRs
With effect from 03 March 2023
Indian Bank has revised the Marginal Cost of Funds based Lending Rates(MCLRs) and Treasury Bills Linked Lending Rates (TBLR) across tenures with effect from 03 March 2023. The change in is as follows:

MCLR

Overnight - 8%
One month - 8.10%
Three month - 8.20%
Six month - 8.45%
One year - 8.55%

TBLR

<= 3 months - 6.65%
>3 months &<=6 months - 7%
>6 months &<=1 year - 7.05%
>1 year &<= 3 Years - 7.05%

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