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  • Revision in Marginal Cost of Funds Based Lending Rates (MCLR) (Company Update)

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    Shyam Sunder
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    The bank has revised its Marginal Cost of Funds based Lending Rates (MCLR) effective October 7, 2016. The overnight MCLR was revised to 9.50%, the one-month and three-month MCLR were also revised to 9.50%, the six-month MCLR was revised to 9.70%, and the one-year MCLR was revised to 9.90%. The bank notified the Bombay Stock Exchange of the MCLR revisions.

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    Revision in Marginal Cost of Funds based Lending Rates (MCLR) [Company Update]

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    The bank has revised its Marginal Cost of Funds based Lending Rates (MCLR) effective October 7, 2016. The overnight MCLR was revised to 9.50%, the one-month and three-month MCLR were also revised to 9.50%, the six-month MCLR was revised to 9.70%, and the one-year MCLR was revised to 9.90%. The bank notified the Bombay Stock Exchange of the MCLR revisions.

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    5 views1 page

    Revision in Marginal Cost of Funds Based Lending Rates (MCLR) (Company Update)

    Uploaded by

    Shyam Sunder
    The bank has revised its Marginal Cost of Funds based Lending Rates (MCLR) effective October 7, 2016. The overnight MCLR was revised to 9.50%, the one-month and three-month MCLR were also revised to 9.50%, the six-month MCLR was revised to 9.70%, and the one-year MCLR was revised to 9.90%. The bank notified the Bombay Stock Exchange of the MCLR revisions.

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    © All Rights Reserved
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    of 1

    Karur Vysya Bank

    IRC: F56:29: 1398:2016

    06.10.2016

    The Secretary,
    Bombay Stock Exchange limited
    PhirozeJeejeebhoy Towers,
    Dalal Street,
    Mumbai - 400 001
    Dear Sir.
    Ref: Revision in Marginal Cost of Funds based Lending Rates (MCLR) of the
    Bank effective from 07.10.2016.
    We advise that MCLR of the Bank h a s been revised with effect from
    07.10.2016.
    The detailed Marginal Cost of Funds based Lending Rates (MCLR) applicable
    for the various tenors are as below:
    Overnight MCLR
    One-month MCLR
    Three month MCLR
    Six month MCLR
    One year MCLR

    9.50 %
    9.50 %
    9.50 %
    9.70 %
    9.90 %

    Please take on record of the same.


    Yours faithfully,
    h

    Srinivasarao M
    Asst. Company Secretary

    THE KARUR VYSYA BANK LIMITED


    l d o r Relations Cell, Registered &
    Central Office. Ercde Road, Karur 639 002
    0 :04324.269440,41,42,44 D: 227133,
    Fax: 225700/205595
    email: kvbshares@kvbmail.Eom
    Website: www.kvb.co.in
    CIN : L65110TNl9l6PLCOOl295

    Y E A R S OF

    SMART B A N K I N G

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