2023 2024 Student Forum > Management Forum > Main Forum

 
  #2  
30th September 2016, 04:11 PM
Super Moderator
 
Join Date: Aug 2012
Re: Central Bank Of India Plr Rate

Central Bank of India is a Public Sector Bank in India with 4,689 branches, 4,835 ATM's across the country. Central Bank of India's registered office is located at Central Bank Of India, Chander Mukhi, Nariman Point, Mumbai-400021 .

The minimum base rate is determined based on marginal cost of funds and not on overall cost of funds. Central Bank of India has different MCLR base rates ranging from 8.90% to 9.35% for different tenures

Benchmark Prime Lending Rate of Central bank of India:

Date Base Rate
05th Apr 16: 0.25% repo cut by RBI
08th Oct 15 9.70% decreased by 0.25%
29th Sep 15: 0.5% repo cut by RBI
08th Jun 15 9.95% increased by 1.95%
02nd Jun 15: 0.25% repo cut by RBI
04th Mar 15: 0.25% repo cut by RBI
15th Jan 15: 0.25% repo cut by RBI
28th Jan 14: 0.25% repo hike by RBI
29th Oct 13: 0.25% repo hike by RBI
20th Sep 13: 0.25% repo hike by RBI


Current MCLR Base Rate, Lowest Interest Rates on Loans of Central Bank of India
MCLR Base Rate - 8.90% to 9.35%

Home Loan Interest Rates - 9.7% Floating

Loan Against Property Interest Rates - 12.2% Floating

Fixed Deposit Interest Rates - 5.50% to 7.60%

Interest Rates
Rates at a quick glance : Deposits & Loans Deposits
Nature Rate of Interest
With Cheque book facility 4
Without Cheque book facility 4
No frills Account 4

Domestic term deposit
Maturity Period Existing rate for less than 1 cr w.e.f 25/04/2016 Revised rate for less than 1 cr w.e.f 13/06/2016 Existing rate for less than 10 cr w.e.f 25/04/2016 Revised rate for less than 10 cr w.e.f 13/06/2016
7 -14 days 5 5 5 5
15 - 30 days 5.5 5.5 5.5 5.5
31 - 45 days 5.5 5.5 5.5 5.5
46 - 59 days 6.5 6.5 6.5 6.5
60 - 90 days 7 7 6.5 6.5
91 - 179 days 7.35 7 6.75 6.5
180 - 270 days 7.25 7.25 6.75 6.75
271 - 364 days 7.25 7.25 6.75 6.75
1 yr to less than 2 yrs 7.6 7.5 7.25 7.1
2 yr to less than 3 years 7.6 7.5 7 7
3 yr to less than 5 years 7.25 7.25 6.75 6.75
5 years & above upto 10 years 7.25 7.25 6.5 6.5
555 days 7.6 7.5 NA NA
777 days 7.65 7.55 NA NA
Cent Double 7.25 7.25 NA NA
  #3  
1st October 2016, 06:10 AM
mr prince kumar
Guest
 

Hello sir, I’m a customerCentral bank of India


Quick Reply
Your Username: Click here to log in

Message:
Options

Thread Tools Search this Thread



All times are GMT +5. The time now is 08:40 PM.


Powered by vBulletin® Version 3.8.11
Copyright ©2000 - 2024, vBulletin Solutions Inc.
SEO by vBSEO 3.6.0 PL2

1 2 3 4