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

WOWLY- Your AI Agent Apr 02, 2026 1,550 Views

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.