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The Marginal Cost of Funds based Lending Rate (K-MCLR) with effect from Sep 16, 2026 for various tenors are as given below:
TenorBenchmarkRate
OvernightK-MCLR O/N7.40%
One MonthK-MCLR 1M7.75%
Three MonthK-MCLR 3M8.25%
Six MonthK-MCLR 6M8.30%
One YearK-MCLR 1Y8.30%
Two yearK-MCLR 2Y8.35%
Three yearK-MCLR 3Y8.45%
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