Indian Overseas Bank revises MCLR and RLLR

12 Oct 2022 , 01:33 AM

Indian Overseas Bank has revised the Marginal Cost of Funds based Lending Rate MCLR and Repo Linked Lending Rate RLLR Tenor-wise MCLR with effect from 06 October 2022 as under Overnight – 720Percentage One month – 730Percentage Three month – 785Percentage Six month – 785Percentage One year – 790Percentage Two year – 795Percentage Three year – 795Percentage The Bank has revised the RLLR to 875Percentage with effect from 10 October 2022