Indian Bank has announced a revision in its benchmark lending rates, according to an official communication dated 2 April 2026. The information was shared with stock exchanges under SEBI regulations.
The bank’s Asset Liability Management Committee (ALCO) reviewed key lending rates, including MCLR, TBLR, Base Rate, and BPLR. After the review, the bank decided to revise only the Treasury Bills Linked Lending Rates (TBLR).
As per the update, the TBLR for loans up to 3 months has been reduced from 5.35% to 5.30%. Other TBLR rates remain unchanged.
TBLR (Treasury Bills Linked Lending Rate)
| Sl. No. | Tenor | Existing Rate | Revised Rate |
|---|---|---|---|
| 1 | ≤ 3 months | 5.35% | 5.30% |
| 2 | >3 to ≤6 months | 5.50% | 5.50% |
| 3 | >6 months to ≤1 year | 5.60% | 5.60% |
| 4 | >1 year to ≤3 years | 5.60% | 5.60% |
MCLR (No Change)
| Tenor | Rate |
|---|---|
| Overnight | 7.90% |
| 1 Month | 8.20% |
| 3 Months | 8.40% |
| 6 Months | 8.65% |
| 1 Year | 8.75% |
Base Rate & BPLR (No Change)
| Benchmark | Rate |
|---|---|
| Base Rate | 9.55% |
| BPLR | 13.80% |
Other Benchmark Rates
| Benchmark | Rate |
|---|---|
| Policy Repo Rate | 5.25% |
| RBLR | 7.95% |
