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Schedule of Charges & Interest Rates

  • Charges and Rates

  • Marginal Cost of Funds Based Lending Rate


    Marginal Cost of Funds Based Lending Rate (MCLR)    :

    Marginal Cost of Funds based Lending Rate (MCLR) w.e.f from Dec 17th, 2018

    Tenure

    Annualized MCLR (%)

    MCLR (%)*

    Overnight

    8.70%

    8.70%

    1 month

    8.70%

    8.70%

    3 month

    8.70%

    8.65%

    6 month

    8.80%

    8.65%

    12 month

    9.00%

    8.65%

    * Rates are compounded monthly, payable on a per annum basis. For money market or annualized rates please contact Barclays India

  • Mortgage Reference Rate and Base Rate

    The interest rate on your variable rate Mortgage loan is linked to the Mortgage Reference Rate (MRR). Any revision in the MRR may impact the interest rate on your loan according to the bank's interest rate review policy. The MRR has been raised to 20% with effect from 1st August 2011.

    The interest rate on your variable rate Mortgage loan, if disbursed upto 30th June 2010 is linked to the MRR of the Bank.

    The interest rate on your variable rate Mortgage loan, if disbursed post 30th June 2010 is linked to the Base Rate of the Bank.

  • Base Rate of Barclays Bank PLC India

    With Effect From

    Rate of Interest

    Valid till

    02-Aug-18

    9.50% per annum

    Existing

    04-Nov-16

    9.00% per annum

    01-Aug-16

    13-Nov-15

    9.10% per annum

    3-Nov-16

    4-June-15

    9.25% per annum

    12-Nov-15

    20-Dec-14

    9.45% per annum

    3-Jun-14

    26-May-14

    9.70% per annum

    19-Dec-14

    17-Feb-14

    9.90% per annum

    25-May-14

    28-Oct-13

    9.70% per annum

    16-Feb-14

    01-Oct-13

    10.45% per annum

    27-Oct-13

    08-Aug-13

    9.95% per annum

    30-Sept-13

    01-Jul-13

    9.15% per annum

    7-Aug-13

    20-May-13

    9.25% per annum

    30-Jun-13

    14-Dec-12

    9.50% per annum

    19-May-13

    16-Sep-12

    10.00% per annum

    13-Dec-12

    1-Jun-12

    10.25% per annum

    15-Sept-12

    1-Nov-11

    10.50% per annum

    31-May-12

    1-Oct-11

    10.25% per annum

    31-Oct-11

    1-Jul-11

    10.00% per annum

    30-Sept-11

    1-Mar-11

    9.50% per annum

    30-Jun-11

    1-Jan-11

    9.00% per annum

    28-Feb-11

    1-Dec-10

    8.50% per annum

    31-Dec-10

    1-Nov-10

    8.00% per annum

    30-Nov-10

    1-Oct-10

    7.50% per annum

    31-Oct-10

    1-Jul-10

    7.00% per annum

    30-Sep-10

    The Base Rate has been arrived at considering weighted average interest cost of Rupee term deposits (having tenor up to 6 months ) along with Current & Savings Account cost and other elements that are common across all categories of borrowers.