Indian Bank has announced a revision in its benchmark lending rates, effective December 3, 2025, according to its latest exchange filing. The changes were approved by the bank’s Asset Liability Management Committee (ALCO).
The bank has reduced its 1-year Marginal Cost of Funds-based Lending Rate (MCLR) from 8.85% to 8.80%, while all other MCLR tenors remain unchanged:
- Overnight: 7.95% (unchanged)
- 1 month: 8.25% (unchanged)
- 3 months: 8.45% (unchanged)
- 6 months: 8.70% (unchanged)
- 1 year: 8.80% (revised from 8.85%)
The Treasury Bills Linked Lending Rate (TBLR) has also been revised:
- ≤ 3 months: 5.40% (down from 5.45%)
- 3–6 months: 5.55% (unchanged)
- 6 months–1 year: 5.55% (unchanged)
- 1–3 years: 5.55% (unchanged)
Other benchmark rates remain unchanged:
- Base Rate: 9.60%
- BPLR: 13.85%
- Policy Repo Rate: 5.50%
- Repo-Linked Benchmark Lending Rate (RBLR): 8.20%
Indian Bank stated that the revised rates will be effective for all borrowers from December 3, and the update has been shared with stock exchanges for dissemination.
