Andhra Bank to keep MCLR unchanged

Hyderabad: Andhra Bank said that the Marginal Cost of Funds based Lending Rate (MCLR) effective from April 15th will be unchanged across all five tenors (overnight, one month, three months, six months and one year).

MCLR for these tenors are 8.20 per cent for overnight, 8.25 per cent for one month, 8.45 per cent for three months, 8.6O per cent for six months and 8.75 per cent for one year.