Indian Bank has announced a revision in its Treasury Bills Linked Lending Rates (TBLR), effective from 3rd April 2026. The Asset Liability Management Committee (ALCO) of the bank reviewed and decided on the changes as part of its regular assessment of lending rates.
The revised TBLR for loans with a tenor of up to 3 months has been reduced from 5.35% to 5.30%. However, the rates for other tenors remain unchanged. Specifically, the TBLR for tenors greater than 3 months and up to 6 months stays at 5.50%, while for tenors greater than 6 months and up to 1 year, and greater than 1 year and up to 3 years, the rate remains at 5.60%.
In addition to the TBLR, Indian Bank has maintained its Marginal Cost of funds based Lending Rate (MCLR), Base Rate, and Benchmark Prime Lending Rate (BPLR) at their existing levels. The MCLR for an overnight tenor is 7.90%, for 1 month is 8.20%, for 3 months is 8.40%, for 6 months is 8.65%, and for 1 year is 8.75%.
The Base Rate is steady at 9.55%, and the Benchmark Prime Lending Rate (BPLR) remains at 13.80%. Other benchmark rates such as the Policy Repo Rate and Repo Linked Benchmark Lending Rates (RBLR) are also unchanged at 5.25% and 7.95%, respectively.
These revisions are part of Indian Bank’s ongoing efforts to align its lending rates with market conditions and regulatory guidelines.
Disclaimer: This article is based on a regulatory filing submitted to the National Stock Exchange of India (NSE).