Karur Vysya Bank Eases the EMI Squeeze with MCLR Cut to 9.55%

Karur Vysya Bank Ltd (KVB) has revised its one-year Marginal Cost of Funds Based Lending Rate (MCLR) to 9.55%, effective July 8, 2025. The move reflects the bank’s response to evolving market dynamics and a slight softening in funding costs, offering potential relief to borrowers with floating-rate loans.

 

What This Means for Borrowers

Why the Cut?

About Karur Vysya Bank

Founded in 1916 and headquartered in Tamil Nadu, KVB is a prominent private sector bank with a strong presence in retail banking, SME lending, and digital banking services. The bank has been actively modernizing its offerings to cater to a growing base of tech-savvy customers.

 

Sources: Karur Vysya Bank, Business Standard, Capital Market