Bank
Indian Overseas Bank reduces MCLR by 10 basis points across all tenors
Further to the reduction of our Bank’s Repo Linked Lending Rate (RLLR) by 50 basis points—from 8.85% to 8.35%—with effect from 12.06.2025.
Indian Overseas Bank reduces MCLR by 10 basis points across all tenors
Further to the reduction of our Bank’s Repo Linked Lending Rate (RLLR) by 50 basis points—from 8.85% to 8.35%—with effect from 12.06.2025.
The Asset Liability Management Committee (ALCO), in its meeting held on 14.07.2025, reviewed the MCLR of the Bank as on 10.07.2025 and decided to reduce the MCLR by 10 basis points across all tenors, with effect from 15.07.2025.
The revised MCLR w.e.f 15.07.2025 are as below:
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