This Kerala-based bank's home loan EMIs set to rise as lender hikes MCLR rates by 15-20 basis points
South Indian Bank MCLR Hike: As per the South Indian Bank’s filing, the overnight MCLR (MCLR) has been increased to 8.65 per cent and the one-month MCLR was raised to 8.70 per cent.
The six-month MCLR was raised to 9 per cent and the one-year MCLR now stood at to 9.35 percent, according to the filing. Pic: Pixabay