Karur Vysya Bank Revises MCLR Base Rate and BPLR Effective June 22, 2026
Karur Vysya Bank Limited has announced revisions to its Marginal Cost of Funds Based Lending Rates (MCLR), the Base Rate, and the Bank Prime Lending Rate (BPLR). These rate changes will be effective from June 22, 2026.The bank provided details of the revised rates across several categories, including different maturities for MCLR. The revised MCLR rates are as follows:
| Nature of ROI | Existing Rate | Revised Rate |
|---|---|---|
| Overnight MCLR | 8.65% | 8.75% |
| One-month MCLR | 8.55% | 8.65% |
| Three-month MCLR | 8.85% | 8.95% |
| Six-month MCLR | 9.00% | 9.10% |
| One-year MCLR | 9.15% | 9.25% |
In addition to the MCLR revisions, the Bank also updated its Base Rate, which saw an increase from 10.50% to 11.00%.
The Bank Prime Lending Rate (BPLR) has also been revised, moving from a previous rate of 15.50% to a new rate of 16.00%.
KARURVYSYA Stock Price Movement
Karur Vysya Bank Limited shares slipped today, settling at ₹291.75 after the equity shed 1.47% in post-market trading. The stock closed within a range of ₹288.70 to ₹298.15, recording heavy activity with over 1.87 million shares traded.Disclaimer: Due care and diligence have been taken in compiling and presenting news and market-related content. However, errors or omissions may arise despite such efforts.
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