South Indian Bank Revises Marginal Cost of Funds Based Lending Rates
South Indian Bank Ltd. announced changes to its Marginal Cost of Funds Based Lending Rates (MCLR) effective March 20, 2026. The revisions, detailed below, apply to multiple tenors.The overnight MCLR has been set at 8.00%, while the one-month MCLR is at 8.45%. The three-month MCLR is 9.40%, the six-month MCLR is 9.45%, and the one-year MCLR is 9.50%.
The revised rates are available on the bank's website at www.southindianbank.bank.in.
| Tenor | MCLR |
|---|---|
| Overnight MCLR | 8.00% |
| One-month MCLR | 8.45% |
| Three-month MCLR | 9.40% |
| Six month MCLR | 9.45% |
| One year MCLR | 9.50% |
Source:
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