The Royal Bank of Scotland has hiked its One Year MCLR Base Rate or the minimum lending rate by 0.30%, or 30 basis points with effect from Saturday, December 01, 2018. The Royal Bank of Scotland has revised its One Year MCLR Base Rate from 6.50 percent to 6.80 percent per annum.
The Royal Bank of Scotland – Current MCLR Base Rate and Loan Interest Rate
New Delhi (Delhi, India), December 23, 2018
The Royal Bank of Scotland Increases One Year MCLR Base Rate to 6.80 Percent Per Annum
The The Royal Bank of Scotland India (RBS) has hiked its benchmark MCLR (Marginal Cost of Funds based Lending Rate) Base Rate for new loans by 0.30 percent, or 30 basis points (BPS) with effect from Saturday, December 01, 2018.
The Royal Bank of Scotland has revised its One Year MCLR Base Rate or the minimum lending rate from 6.50 percent to 6.80 percent per annum.
The Royal Bank of Scotland’s new MCLR Base Rate will be applicable for all new loans and the existing loans that may come up for renewal.
The Royal Bank of Scotland 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.
The Royal Bank of Scotland’s Marginal Cost of Funds based Lending Rate (MCLR) Historical Data
The Royal Bank of Scotland’s MCLR Base Rate effective from December 01, 2018 is:
Overnight MCLR: 5.95%
One Month MCLR: 6.05%
Three Month MCLR: 6.30%
Six Month MCLR: 6.55%
One Year MCLR: 6.80%
The Royal Bank of Scotland’s MCLR Base Rate effective from November 01, 2018 was:
Overnight MCLR: 5.45%
One Month MCLR: 5.50%
Three Month MCLR: 5.90%
Six Month MCLR: 6.20%
One Year MCLR: 6.50%
The Royal Bank of Scotland’s MCLR Base Rate effective from October 01, 2018 was:
Overnight MCLR: 5.70%
One Month MCLR: 5.85%
Three Month MCLR: 6.10%
Six Month MCLR: 6.30%
One Year MCLR: 6.65%
The Royal Bank of Scotland’s MCLR Base Rate effective from June 01, 2017 was:
Overnight MCLR: 8.45%
One Month MCLR: 8.40%
Three Month MCLR: 8.45%
Six Month MCLR: 8.55%
One Year MCLR: 8.70%
The Royal Bank of Scotland’s MCLR Base Rate effective from November 02, 2016 was:
Overnight MCLR: 7.75%
One Month MCLR: 8.00%
Three Month MCLR: 8.00%
Six Month MCLR: 8.05%
One Year MCLR: 8.10%
The Royal Bank of Scotland’s MCLR Base Rate effective from August 01, 2016 was:
Overnight MCLR: 7.85%
One Month MCLR: 7.75%
Three Month MCLR: 7.90%
Six Month MCLR: 8.05%
One Year MCLR: 8.15%
The Royal Bank of Scotland Cuts Base Rate to 5.75 Percent Per Annum
The The Royal Bank of Scotland India (RBS) has lowered its Base Rate (BR) for old loans by 0.10 percent, or 10 basis points (BPS) with effect from Monday, October 01, 2018.
The Royal Bank of Scotland has revised its Base Rate or the minimum lending rate from 5.85 percent to 5.75 percent per annum.
The Royal Bank of Scotland decides its interest rates on all loans and advances lent until March 31, 2016 with reference to Base Rate from July 01, 2010 onwards.
The Royal Bank of Scotland’s Base Rate Historical Data
October 01, 2018 Base Rate: 5.75%
July 01, 2018 Base Rate: 5.85%
April 01, 2018 Base Rate: 6.30%
January 01, 2018 Base Rate: 8.20%
October 01, 2017 Base Rate: 8.50%
July 03, 2017 Base Rate: 8.45%
April 03, 2017 Base Rate: 7.35%
January 02, 2017 Base Rate: 8.05%
October 03, 2016 Base Rate: 8.20%
July 01, 2016 Base Rate: 7.95%
March 01, 2016 Base Rate: 9.30%
October 05, 2015 Base Rate: 8.50%
July 01, 2015 Base Rate: 9.00%
January 23, 2015 Base Rate: 9.50%
November 07, 2013 Base Rate: 9.70%
September 04, 2013 Base Rate: 10.25%
August 01, 2013 Base Rate: 9.95%
February 01, 2013 Base Rate: 9.00%
August 13, 2012 Base Rate: 9.75%
October 07, 2011 Base Rate: 10.00%
August 05, 2011 Base Rate: 9.75%
May 12, 2011 Base Rate: 9.00%
March 09, 2011 Base Rate: 8.50%
December 24, 2010 Base Rate: 7.75%
October 01, 2010 Base Rate: 7.00%
July 01, 2010 Base Rate: 6.50%