DCB Bank announces revision in Marginal Cost of Funds based Lending Rate

5 Sep 2022 , 09:18 AM

DCB Bank announced that it has revised MCLR across all tenors. The bank has revised the rates effective from September 5, 2022.

Bank’s overnight MCLR has been revised to 8.72%. While One-month MCLR has been increased to 8.72% as well.

Bank’s 3-month MCLR has been revised to 9.42%.

It has increased the 6-month MCLR to 9.62%. While the highest one-year MCLR has been revised to 9.67%.

DCB Bank Limited is a new generation private sector bank with over 405 branches in India as of June 30, 2022. It is an RBI-regulated scheduled commercial bank. It is handled and regulated professionally. DCB Bank features cutting-edge technology and infrastructure, including advanced internet banking for personal and corporate banking customers.

At around 9.20 AM, DCB Bank was trading at Rs94.20 up by 1.67% from its previous closing of Rs92.65 on the BSE.

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