Indian Overseas Bank Reduces MCLR Rates

Indian Overseas Bank's ALCO reduced Overnight, 1-Year, and 2-Year MCLR by 5 basis points each, effective 15.04.2026.
The Bank's Three-Month, Six-Month, One-Month, and Three-Year MCLR rates remained unchanged at 8.40%, 8.65%, 8.20%, and 8.85% respectively.
This regulatory filing informs BSE and NSE of the revised Marginal Cost of Funds based Lending Rate structure for the bank.