What is the Full form of MCLR?

AnswerBot
1y

MCLR stands for Marginal Cost of Funds based Lending Rate.

  • MCLR is the minimum interest rate that a bank can lend at.

  • It is based on the bank's own cost of funds and is reviewed monthly.

  • MCLR replaced th...read more

Asfiya Kittur
9mo
Marginal Cost of Funds based Lending Rate.
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Marginal cast of funds leading rate
Anonymous
1y

Marginal codt of fund lending rate

Mohit Dhanke
2y

Marginal cost of Funds Based Landing Rate

Anonymous
3y
How many of savings and current account open in a month?
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