Image Source: CNBC-TV18
Indian Bank has revised its Marginal Cost of Funds Based Lending Rate (MCLR) and Treasury Bills Linked Lending Rate (TBLR) for select tenors, with the changes effective from December 3, 2025. The Bank’s Base Rate, BPLR, Policy Repo Rate, and RBLR remain unchanged.
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Indian Bank has announced a revision in its Marginal Cost of Funds Based Lending Rate (MCLR) and Treasury Bills Linked Lending Rate (TBLR) following a review by its Asset Liability Management Committee (ALCO). The updated rates will be effective from December 3, 2025, impacting loan pricing for various tenors.
Notable Updates:
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The MCLR for the 1-year tenor has been reduced from 8.85% to 8.80%, while other MCLR tenors remain unchanged.
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The TBLR for the <=3 months tenor has been revised downward from 5.45% to 5.40%; all other TBLR tenors remain the same.
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The Base Rate and Benchmark Prime Lending Rate (BPLR) continue at 9.60% and 13.85%, respectively.
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The Policy Repo Rate and Repo Linked Benchmark Lending Rates (RBLR) remain unchanged at 5.50% and 8.20%.
Major Takeaways:
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The revision signals a marginal easing for borrowers with loans linked to 1-year MCLR and short-term TBLR.
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Other benchmark rates, including Base Rate, BPLR, Policy Repo Rate, and RBLR, are unaltered.
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The move aligns with the Bank’s ongoing strategy to fine-tune lending rates based on prevailing market conditions.
Source: Exchange Corporate Announcement, Indian Bank Official Announcement
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