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How much is a prepayment charge? Related News SBI Revises Loan and FD Rates for October 2024 SBI has reduced its one-month MCLR by 25 basis points to 8.20%, while other loan rates remain unchanged. Fixed deposit rates for the general public range from 3.5% to 6.5%, with senior citizens...
MCLRMaster Clear(circuitry) MCLRMicrocystin-LR(molecular biology) MCLRMidwest Consortium for Latino Research MCLRMidwest Center for Labor Research MCLRMaximum Cell Loss Ratio(Sprint-ATM) MCLRMedium Capacity Long Range MCLRMannose C-Type Lectin Receptor(biology) ...
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Why are banks not linking MCLR with the base rate, and what should we be aware of as borrowers? What is the difference between bill discount and bill purchase schemes adopted by banks? What is the maximum amount that can be kept in a saving bank account in...
RBI’s rate cuts does not necessarily mean that the borrowers benefit immediately. Unless the bank where customer hold the account doesn’t reduce itsBase Lending rate or MCLR. The interest rate on loan get reduced only once the base rate of the bank falls. The EMI is directly linked with...
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