Price Update20 May 2026, 03:45 pm
Karur Vysya Bank Revises MCLR, Effective May 22, 2026
AI Summary
Karur Vysya Bank Ltd has announced a revision in its Marginal Cost of Funds Based Lending Rates (MCLR), effective May 22, 2026. The overnight MCLR is revised to 8.65% from 8.85%, the one-month MCLR to 8.55% from 9.00%, the three-month MCLR to 8.85% from 9.00%, and the six-month MCLR to 9.00% from 9.15%. The one-year MCLR remains unchanged at 9.15%.
Key Highlights
- Karur Vysya Bank revises Marginal Cost of Funds Based Lending Rates (MCLR).
- Overnight MCLR decreased from 8.85% to 8.65%.
- One-month MCLR decreased from 9.00% to 8.55%.
- One-year MCLR remains unchanged at 9.15%.
Price Impact
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