/ Lakshmi Vilas Bank Revises MCLR From February 09, 2017 ~ Ways2Capital|Stock Tips|Stock Market Tips|Intraday Stock Tips|Stock Trading Tips|NSE BSE Tips

Thursday, 9 February 2017


Lakshmi Vilas Bank has revised the Marginal Cost of Funds based lending rates with effect from February 09, 2017.

Revised rates are as follows:

Overnight MCLR :   9.80% p.a.
One month MCLR :   9.80% p.a.
Three month MCLR : 9.80% p.a.
Six month MCLR :   9.75% p.a.
One year MCLR :    9.75% p.a.

In line with RBI guidelines, all rupee loans & advances disbursed and credit limits renewed w.e.f.9/2/2017 will be priced with reference to the above MCLR rates.

Lakshmi Vilas Bank is a private sector bank with business volume of around Rs 46,816.00 cr.

As on date the bank is operating with 467 branches, 7 extension counters, 912 ATMs and 24 CDMs with Pan India presence in 16 states and 1 union territory.

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