Citibank India has increased its One Year MCLR Base Rate or the minimum lending rate by 0.20%, or 20 basis points with effect from Friday, February 07, 2020. Citibank India has revised its One Year MCLR Base Rate from 7.75 percent to 7.95 percent per annum.
New Delhi (Delhi, India), February 12, 2020
The Citibank N.A. India has increased its benchmark MCLR (Marginal Cost of Funds based Lending Rate) Base Rate for new loans by 0.20 percent, or 20 basis points (BPS) with effect from Friday, February 07, 2020.
Citibank N.A. India has revised its One Year MCLR Base Rate or the minimum lending rate from 7.75 percent to 7.95 percent per annum.
Citibank India’s new MCLR Base Rate will be applicable for all new loans and the existing loans that may come up for renewal.
Citibank India applies the interest rates on all new loans and advances with reference to MCLR based rates from April 01, 2016 onwards.
The Reserve Bank of India (RBI) has asked all banks to set at least five MCLR based benchmark lending rates – Overnight MCLR, One Month MCLR, Three Month MCLR, Six Month MCLR, and One Year MCLR. The loans linked with MCLR will be reset for a maximum of one year tenure.
Citibank India’s MCLR Base Rate effective from February 07, 2020 is:
Overnight MCLR: 7.55%
One Month MCLR: 7.90%
Three Month MCLR: 7.90%
Six Month MCLR: 8.00%
One Year MCLR: 7.95%
Citibank India’s MCLR Base Rate effective from January 07, 2020 was:
Overnight MCLR: 7.50%
One Month MCLR: 7.60%
Three Month MCLR: 7.65%
Six Month MCLR: 7.75%
One Year MCLR: 7.75%
Citibank India’s MCLR Base Rate effective from December 07, 2019 was:
Overnight MCLR: 7.75%
One Month MCLR: 7.85%
Three Month MCLR: 7.85%
Six Month MCLR: 8.00%
One Year MCLR: 7.95%
Citibank India’s MCLR Base Rate effective from November 07, 2019 was:
Overnight MCLR: 8.00%
One Month MCLR: 8.20%
Three Month MCLR: 8.30%
Six Month MCLR: 8.40%
One Year MCLR: 8.45%
Citibank India’s MCLR Base Rate effective from October 07, 2019 was:
Overnight MCLR: 8.00%
One Month MCLR: 8.15%
Three Month MCLR: 8.15%
Six Month MCLR: 8.30%
One Year MCLR: 8.30%
Citibank India’s MCLR Base Rate effective from September 07, 2019 was:
Overnight MCLR: 8.05%
One Month MCLR: 8.35%
Three Month MCLR: 8.35%
Six Month MCLR: 8.45%
One Year MCLR: 8.45%
Citibank India’s MCLR Base Rate effective from August 07, 2019 was:
Overnight MCLR: 8.15%
One Month MCLR: 8.45%
Three Month MCLR: 8.45%
Six Month MCLR: 8.55%
One Year MCLR: 8.50%
Citibank India’s MCLR Base Rate effective from July 07, 2019 was:
Overnight MCLR: 8.20%
One Month MCLR: 8.55%
Three Month MCLR: 8.65%
Six Month MCLR: 8.65%
One Year MCLR: 8.60%
Citibank India’s MCLR Base Rate effective from June 07, 2019 was:
Overnight MCLR: 8.45%
One Month MCLR: 8.65%
Three Month MCLR: 8.75%
Six Month MCLR: 8.75%
One Year MCLR: 8.70%
Citibank India’s MCLR Base Rate effective from May 07, 2019 was:
Overnight MCLR: 8.60%
One Month MCLR: 8.80%
Three Month MCLR: 8.90%
Six Month MCLR: 8.90%
One Year MCLR: 8.85%
Citibank India’s MCLR Base Rate effective from April 07, 2019 was:
Overnight MCLR: 8.75%
One Month MCLR: 8.80%
Three Month MCLR: 8.80%
Six Month MCLR: 8.90%
One Year MCLR: 8.85%
Citibank India’s MCLR Base Rate effective from March 25, 2019 was:
Overnight MCLR: 8.50%
One Month MCLR: 8.70%
Three Month MCLR: 8.75%
Six Month MCLR: 8.75%
One Year MCLR: 8.75%
Citibank India’s MCLR Base Rate effective from February 07, 2019 was:
Overnight MCLR: 8.45%
One Month MCLR: 8.65%
Three Month MCLR: 8.70%
Six Month MCLR: 8.80%
One Year MCLR: 8.80%
Citibank India’s MCLR Base Rate effective from January 07, 2019 was:
Overnight MCLR: 8.00%
One Month MCLR: 8.20%
Three Month MCLR: 8.35%
Six Month MCLR: 8.50%
One Year MCLR: 8.55%
Citibank India’s MCLR Base Rate effective from December 07, 2018 was:
Overnight MCLR: 7.70%
One Month MCLR: 8.00%
Three Month MCLR: 8.20%
Six Month MCLR: 8.40%
One Year MCLR: 8.55%
Citibank India’s MCLR Base Rate effective from September 07, 2018 was:
Overnight MCLR: 7.85%
One Month MCLR: 7.95%
Three Month MCLR: 8.10%
Six Month MCLR: 8.30%
One Year MCLR: 8.45%
Citibank India’s MCLR Base Rate effective from August 07, 2018 was:
Overnight MCLR: 7.75%
One Month MCLR: 7.90%
Three Month MCLR: 8.05%
Six Month MCLR: 8.30%
One Year MCLR: 8.45%
Citibank India’s MCLR Base Rate effective from July 07, 2018 was:
Overnight MCLR: 7.80%
One Month MCLR: 7.85%
Three Month MCLR: 8.05%
Six Month MCLR: 8.25%
One Year MCLR: 8.35%
Citibank India’s MCLR Base Rate effective from June 07, 2018 was:
Overnight MCLR: 7.70%
One Month MCLR: 7.80%
Three Month MCLR: 7.95%
Six Month MCLR: 8.15%
One Year MCLR: 8.15%
Citibank India’s MCLR Base Rate effective from May 07, 2018 was:
Overnight MCLR: 7.70%
One Month MCLR: 7.80%
Three Month MCLR: 7.95%
Six Month MCLR: 8.05%
One Year MCLR: 8.10%
Citibank India’s MCLR Base Rate effective from April 07, 2018 was:
Overnight MCLR: 7.80%
One Month MCLR: 7.95%
Three Month MCLR: 8.15%
Six Month MCLR: 8.25%
One Year MCLR: 8.25%
Citibank India’s MCLR Base Rate effective from January 07, 2018 was:
Overnight MCLR: 7.80%
One Month MCLR: 7.95%
Three Month MCLR: 8.00%
Six Month MCLR: 8.05%
One Year MCLR: 8.00%
Citibank India’s MCLR Base Rate effective from December 07, 2017 was:
Overnight MCLR: 7.90%
One Month MCLR: 8.05%
Three Month MCLR: 8.10%
Six Month MCLR: 8.15%
One Year MCLR: 8.10%
Citibank India’s MCLR Base Rate effective from November 07, 2017 was:
Overnight MCLR: 7.90%
One Month MCLR: 8.10%
Three Month MCLR: 8.10%
Six Month MCLR: 8.15%
One Year MCLR: 8.10%
Citibank India’s MCLR Base Rate effective from October 07, 2017 was:
Overnight MCLR: 7.90%
One Month MCLR: 8.05%
Three Month MCLR: 8.05%
Six Month MCLR: 8.10%
One Year MCLR: 8.05%
Citibank India’s MCLR Base Rate effective from September 07, 2017 was:
Overnight MCLR: 7.85%
One Month MCLR: 8.10%
Three Month MCLR: 8.10%
Six Month MCLR: 8.10%
One Year MCLR: 8.05%
Citibank India’s MCLR Base Rate effective from July 07, 2017 was:
Overnight MCLR: 8.10%
One Month MCLR: 8.10%
Three Month MCLR: 8.15%
Six Month MCLR: 8.20%
One Year MCLR: 8.15%
Citibank India’s MCLR Base Rate effective from June 07, 2017 was:
Overnight MCLR: 7.95%
One Month MCLR: 7.95%
Three Month MCLR: 8.10%
Six Month MCLR: 8.15%
One Year MCLR: 8.20%
Citibank India’s MCLR Base Rate effective from May 07, 2017 was:
Overnight MCLR: 7.85%
One Month MCLR: 8.00%
Three Month MCLR: 8.05%
Six Month MCLR: 8.00%
One Year MCLR: 7.95%
Citibank India’s MCLR Base Rate effective from March 07, 2017 was:
Overnight MCLR: 7.85%
One Month MCLR: 8.00%
Three Month MCLR: 8.05%
Six Month MCLR: 8.00%
One Year MCLR: 7.95%
Citibank India’s MCLR Base Rate effective from February 07, 2017 was:
Overnight MCLR: 7.95%
One Month MCLR: 8.05%
Three Month MCLR: 8.05%
Six Month MCLR: 8.05%
One Year MCLR: 7.95%
Citibank India’s MCLR Base Rate effective from January 07, 2017 was:
Overnight MCLR: 8.00%
One Month MCLR: 8.10%
Three Month MCLR: 8.10%
Six Month MCLR: 8.10%
One Year MCLR: 8.05%
Citibank India’s MCLR Base Rate effective from December 07, 2016 was:
Overnight MCLR: 8.10%
One Month MCLR: 8.20%
Three Month MCLR: 8.20%
Six Month MCLR: 8.20%
One Year MCLR: 8.15%
Citibank India’s MCLR Base Rate effective from November 07, 2016 was:
Overnight MCLR: 8.10%
One Month MCLR: 8.30%
Three Month MCLR: 8.30%
Six Month MCLR: 8.35%
One Year MCLR: 8.30%
Citibank India’s MCLR Base Rate effective from October 07, 2016 was:
Overnight MCLR: 8.30%
One Month MCLR: 8.30%
Three Month MCLR: 8.35%
Six Month MCLR: 8.40%
One Year MCLR: 8.35%
Citibank India’s MCLR Base Rate effective from September 07, 2016 was:
Overnight MCLR: 8.30%
One Month MCLR: 8.40%
Three Month MCLR: 8.45%
Six Month MCLR: 8.50%
One Year MCLR: 8.45%
Citibank India’s MCLR Base Rate effective from August 07, 2016 was:
Overnight MCLR: 8.25%
One Month MCLR: 8.50%
Three Month MCLR: 8.55%
Six Month MCLR: 8.60%
One Year MCLR: 8.55%
Citibank India’s MCLR Base Rate effective from July 07, 2016 was:
Overnight MCLR: 8.20%
One Month MCLR: 8.55%
Three Month MCLR: 8.60%
Six Month MCLR: 8.65%
One Year MCLR: 8.60%
Citibank India’s MCLR Base Rate effective from June 07, 2016 was:
Overnight MCLR: 8.35%
One Month MCLR: 8.65%
Three Month MCLR: 8.80%
Six Month MCLR: 8.75%
One Year MCLR: 8.65%
Citibank India’s MCLR Base Rate effective from May 07, 2016 was:
Overnight MCLR: 8.45%
One Month MCLR: 8.75%
Three Month MCLR: 8.90%
Six Month MCLR: 8.85%
One Year MCLR: 8.75%
Citibank India’s MCLR Base Rate effective from April 01, 2016 was:
Overnight MCLR: 8.65%
One Month MCLR: 8.95%
Three Month MCLR: 9.00%
Six Month MCLR: 9.00%
One Year MCLR: 8.85%
The Citibank N.A. India has also increased its Base Rate (BR) for old loans by 0.05 percent, or 05 basis points (BPS) with effect from Friday, February 07, 2020.
Citibank India has revised its Base Rate or the minimum lending rate from 7.20 percent to 7.25 percent per annum.
Citibank N.A. India decides its interest rates on all loans and advances lent until March 31, 2016 with reference to Base Rate from July 01, 2010 onwards.
Citibank India’s Base Rate Historical Data
February 07, 2020 Base Rate: 7.25%
January 07, 2020 Base Rate: 7.20%
December 07, 2019 Base Rate: 7.30%
November 07, 2019 Base Rate: 7.45%
October 07, 2019 Base Rate: 7.70%
September 07, 2019 Base Rate: 7.95%
August 07, 2019 Base Rate: 8.20%
July 07, 2019 Base Rate: 8.45%
June 07, 2019 Base Rate: 8.50%
April 07, 2019 Base Rate: 8.60%
March 07, 2019 Base Rate: 8.80%
February 07, 2019 Base Rate: 8.95%
January 07, 2019 Base Rate: 9.10%
November 07, 2018 Base Rate: 9.20%
October 07, 2018 Base Rate: 9.10%
September 07, 2018 Base Rate: 8.95%
August 07, 2018 Base Rate: 8.80%
July 07, 2018 Base Rate: 8.60%
March 07, 2018 Base Rate: 8.55%
February 07, 2018 Base Rate: 8.45%
September 07, 2017 Base Rate: 8.65%
March 07, 2017 Base Rate: 8.70%
January 07, 2017 Base Rate: 8.80%
December 07, 2016 Base Rate: 9.00%
September 20, 2016 Base Rate: 9.10%
June 07, 2016 Base Rate: 9.15%
October 12, 2015 Base Rate: 9.25%
July 01, 2015 Base Rate: 9.35%
November 17, 2014 Base Rate: 9.50%
January 06, 2014 Base Rate: 9.75%
December 03, 2013 Base Rate: 10.00%
August 26, 2013 Base Rate: 10.25%
August 12, 2013 Base Rate: 9.75%
January 10, 2013 Base Rate: 9.50%
August 05, 2011 Base Rate: 9.75%
June 27, 2011 Base Rate: 9.50%
May 09, 2011 Base Rate: 9.00%
February 25, 2011 Base Rate: 8.50%
December 22, 2010 Base Rate: 8.00%
October 01, 2010 Base Rate: 7.75%
July 01, 2010 Base Rate: 7.25%