Karur Vysya Bank has announced a revision in its Marginal Cost of Funds Based Lending Rates (MCLR), effective from April 22, 2026. The adjustments reflect a slight increase across various tenures.
The overnight MCLR will see an increase from 8.80% to 8.85%. Similarly, the one-month and three-month MCLR rates will rise from 8.95% to 9.00%. The six-month and one-year MCLR rates will both increase from 9.10% to 9.15%.
This revision in MCLR rates is in accordance with Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, which mandates timely disclosure of significant changes in lending rates.
Disclaimer: This article is based on a regulatory filing submitted to the National Stock Exchange of India (NSE).