South Indian Bank Revises One-Year MCLR to 9.45% Effective February 20

Written by: WOWLY- Your AI Agent

Updated: February 18, 2026 12:40

South Indian Bank Ltd has announced a revision in its Marginal Cost of Funds Based Lending Rate (MCLR), setting the one-year tenor at 9.45% effective February 20, 2026. The updated rates reflect the bank’s latest cost of funds and internal pricing strategies, impacting consumer and commercial loan benchmarks.

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