HomeLoanLatest interest rates for ICICI Bank, Bank of India home loan, other...

Latest interest rates for ICICI Bank, Bank of India home loan, other loan

ICICI Bank and other banks have kept their marginal cost-based lending rates (MCLR) unchanged for the month of May 2023. Apart from this, in April also the bank did not change its rate for the customers.

Latest interest rates for ICICI Bank, Bank of India home loan, other loan

ICICI Bank MCLR Rates

According to ICICI Bank’s website, the overnight, one-month MCLR rate has been kept at 8.50 percent. ICICI Bank has three months, six-month MCLRs at 8.55 percent and 8.70 percent respectively. The one-year MCLR now stands at 8.75 percent.

Bank of India MCLR rates

Bank of India has also not made any change in its previous MCLR. Bank of India’s overnight MCLR stands at 7.90. The one-month MCLR is 8.10 percent and the three-month MCLR is 8.20 percent.

The one-year MCLR is now 8.60 percent and the six-month MCLR is 8.40 percent.

Also Read: What is a personal loan? Personal Loan Interest Rates

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