Price Update1 Jun 2026, 08:11 pm
Indian Bank Revises MCLR & TBLR, Effective June 3, 2026
AI Summary
Indian Bank has revised its Marginal Cost of Funds based Lending Rate (MCLR) and Treasury Bills Linked Lending Rates (TBLR), effective from June 3, 2026. The Asset Liability Management Committee (ALCO) made the decision after review. Base Rate, Benchmark Prime Lending Rate (BPLR), Policy Repo Rate and RBLR remain unchanged. The revisions impact various tenors of MCLR and TBLR, with increases observed in most categories.
Key Highlights
- MCLR revised upwards for 3-month, 6-month, and 1-year tenors.
- TBLR increased across all tenors, effective June 3, 2026.
- Base Rate and BPLR remain unchanged at 9.55% and 13.80% respectively.
- Policy Repo Rate and RBLR remain unchanged at 5.25% and 7.95% respectively.
Price Impact
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