MCLR Interest Rates With effect from 21st December 2024** Note:Please clear browser history/cookies before accessing the interest rate chart on website in order to view the latest effective interest rates * For terms & conditions and any other details, please contact your nearest Axis Bank Branch...
The full form of MCLR is“Marginal Cost of Funds based Lending Rate”. MCLR is the minimum rate of interest with which a bank can lend. MCLR is an internal standard linked to tenor, meaning that the bank decides the rate directly based on the time left to repay a loan. ...