SBI has been announcing its Marginal Cost of Funds Based Lending Rate (MCLR) making it applicable with effect from the 10th day of the month.
The Bank has now decided that the effective date of Bank’s MCLR be shifted from 10th day of the month to 15th day of the month.
Accordingly, the existing MCLRs (as prevailing since 10th Mar’ 2021) will be continued till the next review of the MCLR, effective from 15th April’ 2021.
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