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Latest loan interest rates November 2023: ICICI Bank, HDFC Bank, SBI, PNB, Yes Bank

Typically, the tenure options are one month, three months, six months, a year, and three years. However, the majority of consumer loans are linked to a one-year term.

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ICICI Bank, Bank of India hiked loan rates from November 1, 2023; check new rates

ICICI Bank and Bank of India have revised their marginal cost-based lending rates (MCLR) on loans of various maturities. According to the banks' websites, the increased interest rates will come into effect from November 1, 2023.

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Bank loan rates in October 2023: ICICI Bank, HDFC Bank, BoB, PNB, Canara Bank, Yes Bank

The marginal cost of lending rate (MCLR) is the lowest lending rate. No bank is allowed to make a loan interest rate offer below this. Here is a comparison of lending rates of banks in the month of October 2023.

Canara , Karnataka , India , Punjab-national-bank , Mclrs-at-yes-bank , Bank-mclrthe , Mclrs-at-bank , Canara-bank , Yes-bank , Bank-according , Maharashtra-the

Loan interest rates for October 2023: ICICI Bank, PNB, Yes Bank revise these loan interest rates

ICICI Bank, Yes Bank, and Punjab National Bank (PNB) have revised their marginal cost-based lending rates (MCLR) on loans of various maturities.

India , Kotak-mahindra-bank , Mclrs-at-bank , Icici-bank , Punjab-national-bank , Yes-bank , Marginal-cost , Fund-based-lending-rate , Bank-of-india , Pnb , Loan-interest-rates

ICICI Bank, PNB hike home loan, other loan interest rates by 5 bps: Check latest loan interest rates

Here is a look at the latest MCLRs of ICICI Bank and PNB. According to the bank websites, the increased interest rates will come into effect from September 1, 2023.

India , Mclrs-at-bank , Punjab-national-bank , Marginal-cost , Funds-based-lending-rate , National-bank , Economic-times-news-app , Daily-market-updates , Live-business , Loan-interest-rates , Bank-of-india

These banks have increased loan interest rates in August 2023

Loan interest rates: In August, top banks in India, such as HDFC Bank, and ICICI Bank, Bank of Baroda increased their marginal cost of funds-based lending rate (MCLR) across various tenors.

Baroda , Gujarat , India , Canara , Karnataka , Mclrs-at-bank , Canara-bank , Marginal-cost , Funds-based-lending , Might-also-like , Bank-of-baroda

ICICI Bank, PNB, Bank of India revise home loan, other loan interest rates

ICICI Bank, Punjab National Bank, and Bank of India have revised their marginal cost-based lending rate (MCLR) on loans across tenures. The revised interest rates are effective from August 1, 2023, as per the bank websites.

India , Icici-bank , Mclrs-at-bank , Punjab-national-bank , Marginal-cost , Funds-based-lending-rate , National-bank , Bank-of-india , Pnb , Mclr , Marginal-cost-based-lending-rate