Price Update18 May 2026, 06:21 pm
South Indian Bank Revises MCLR, Effective May 20, 2026
AI Summary
South Indian Bank Ltd has revised its Marginal Cost of Funds Based Lending Rates (MCLR) across various tenors, effective May 20, 2026. The revised rates are: Overnight MCLR at 7.95%, One-month MCLR at 8.40%, Three-month MCLR at 9.35%, Six-month MCLR at 9.40%, and One-year MCLR at 9.45%. This information is available on the bank's website.
Key Highlights
- South Indian Bank revises MCLR effective May 20, 2026.
- Overnight MCLR increased to 7.95%.
- One-year MCLR stands at 9.45%.
Price Impact
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