Rabobank International has hiked its One Year MCLR Base Rate or the minimum lending rate by 0.10%, or 10 basis points with effect from Saturday, December 01, 2018. Rabobank International has revised its One Year MCLR Base Rate from 8.35 percent to 8.45 percent per annum.
Rabobank International – Current MCLR Base Rate and Loan Interest Rate
New Delhi (Delhi, India), December 23, 2018
Rabobank International Increases One Year MCLR Base Rate to 8.45 Percent Per Annum
The Rabobank International India has hiked its benchmark MCLR (Marginal Cost of Funds based Lending Rate) Base Rate for new loans by 0.10 percent, or 10 basis points (BPS) with effect from Saturday, December 01, 2018.
Rabobank International has revised its One Year MCLR Base Rate or the minimum lending rate from 8.35 percent to 8.45 percent per annum.
Rabobank International’s new MCLR Base Rate will be applicable for all new loans and the existing loans that may come up for renewal.
Rabobank International 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.
Rabobank International’s Marginal Cost of Funds based Lending Rate (MCLR) Historical Data
Rabobank International’s MCLR Base Rate effective from December 01, 2018 is:
Overnight MCLR: 8.20%
One Month MCLR: 8.20%
Three Month MCLR: 8.40%
Six Month MCLR: 8.45%
One Year MCLR: 8.45%
Two Year MCLR: 8.45%
Three Year MCLR: 8.45%
Rabobank International’s MCLR Base Rate effective from October 01, 2018 was:
Overnight MCLR: 8.10%
One Month MCLR: 8.10%
Three Month MCLR: 8.30%
Six Month MCLR: 8.35%
One Year MCLR: 8.35%
Two Year MCLR: 8.35%
Three Year MCLR: 8.35%
Rabobank International Hikes Base Rate to 8.40 Percent Per Annum
The Rabobank International India has also raised its Base Rate (BR) for old loans by 0.10 percent, or 10 basis points (BPS) with effect from Saturday, December 01, 2018.
Rabobank International has revised its Base Rate or the minimum lending rate from 8.30 percent to 8.40 percent per annum.
Rabobank International 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.
Rabobank International’s Base Rate Historical Data
December 01, 2018 Base Rate: 8.40%
October 01, 2018 Base Rate: 8.30%
September 01, 2018 Base Rate: 8.50%
August 01, 2018 Base Rate: 8.45%
July 01, 2018 Base Rate: 8.40%
June 01, 2018 Base Rate: 8.10%
May 01, 2018 Base Rate: 7.70%
March 01, 2018 Base Rate: 7.50%
January 01, 2018 Base Rate: 7.35%
December 01, 2017 Base Rate: 7.51%
November 01, 2017 Base Rate: 7.50%
October 01, 2017 Base Rate: 7.45%
August 01, 2017 Base Rate: 7.60%
July 01, 2017 Base Rate: 7.80%
June 01, 2017 Base Rate: 7.90%
May 01, 2017 Base Rate: 7.75%
April 01, 2017 Base Rate: 7.90%
March 01, 2017 Base Rate: 8.10%
February 01, 2017 Base Rate: 8.05%
January 01, 2017 Base Rate: 8.20%
December 01, 2016 Base Rate: 8.25%
November 01, 2016 Base Rate: 8.32%
October 01, 2016 Base Rate: 8.41%
September 01, 2016 Base Rate: 8.63%
August 01, 2016 Base Rate: 8.81%
November 03, 2015 Base Rate: 9.25%
September 01, 2014 Base Rate: 9.75%
August 27, 2013 Base Rate: 10.00%
March 21, 2013 Base Rate: 9.25%