AU Small Finance Bank MCLR Rates, AU Small Finance Bank Base Rate – Sep 2020

AU Small Finance Bank MCLR Rate

6th August 2020 – RBI keeps Repo Rate unchanged at 4%

Current MCLR rate of AU Small Finance Bank ranges from 6.95% to 10.25% varying by reset frequency of the loan. AU Small Finance Bank revises MCLR rates on a monthly basis and benchmark its interest rates for home loan and other loans to MCLR rates of different tenor.

Tenure wise MCLR AU Small Finance Rate Today
Overnight 8.00%
1 Month 6.95%
3 Month 7.45%
6 Month 8.20%
1 Year 9.50%
2 Year 10.25%
3 Year 10.25%
AU Small Finance Base Rate -

AU Small Finance Bank Interest Rates

AU Small Finance Bank Interest Rates
Fixed Deposit Interest Rates 4.00% to 7.25% Detail
Saving Account Interest Rates 0.00% to 7.00% Detail
RD Interest Rates 5.75% to 7.53% Detail

MCLR of AU Small Finance Bank

AU Small Finance Bank revises its MCLR rate on a monthly basis. Latest MCLR rates of AU Small Finance Bank as announced on 07 Aug 2020 are:

  • Overnight MCLR Rate is 8.00%. The rate was last revised on 07 Aug 2020 to 8.00% from 7.30%
  • 1 Month MCLR Rate is 6.95%. The rate was last revised on 07 Aug 2020 to 6.95% from 7.25%
  • 3 Month MCLR Rate is 7.45%. The rate was last revised on 07 Aug 2020 to 7.45% from 8.25%
  • 6 Month MCLR Rate is 8.20%. The rate was last revised on 07 Aug 2020 to 8.20% from 9.20%
  • 1 Year MCLR Rate is 9.50%. The rate was last revised on 07 Aug 2020 to 9.50% from 9.90%
  • 2 Year MCLR Rate is 10.25%. The rate was last revised on 07 Aug 2020 to 10.25% from 10.45%
  • 3 Year MCLR Rate is 10.25%. The rate was last revised on 07 Aug 2020 to 10.25% from 10.40%

AU Small Finance Bank MCLR Rate Trend

Date AU Small Finance Bank MCLR
07th Aug 20
Overnight : 8.00%
1 Month : 6.95%
3 Month : 7.45%
6 Month : 8.20%
1 Year : 9.50%
2 Year : 10.25%
3 Year : 10.25%
07th Jul 20
Overnight : 7.30%
1 Month : 7.25%
3 Month : 8.25%
6 Month : 9.20%
1 Year : 9.90%
2 Year : 10.45%
3 Year : 10.40%
07th Jun 20
Overnight : 7.60%
1 Month : 7.40%
3 Month : 8.40%
6 Month : 9.35%
1 Year : 10.05%
2 Year : 10.60%
3 Year : 10.55%
07th May 20
Overnight : 8.20%
1 Month : 7.90%
3 Month : 8.90%
6 Month : 9.90%
1 Year : 10.65%
2 Year : 10.95%
3 Year : 10.95%
07th Apr 20
Overnight : 8.65%
1 Month : 8.80%
3 Month : 9.60%
6 Month : 10.15%
1 Year : 10.80%
2 Year : 11.10%
3 Year : 11.10%
07th Mar 20
Overnight : 9.55%
1 Month : 9.45%
3 Month : 10.25%
6 Month : 10.80%
1 Year : 11.45%
2 Year : 11.75%
3 Year : 11.75%
07th Feb 20
Overnight : 9.65%
1 Month : 9.50%
3 Month : 10.30%
6 Month : 10.85%
1 Year : 11.50%
2 Year : 11.80%
3 Year : 11.80%
07th Jan 20
Overnight : 9.70%
1 Month : 9.50%
3 Month : 10.30%
6 Month : 10.85%
1 Year : 11.50%
2 Year : 11.80%
3 Year : 11.80%
07th Dec 19
Overnight : 9.70%
1 Month : 9.50%
3 Month : 10.30%
6 Month : 10.85%
1 Year : 11.50%
2 Year : 11.80%
3 Year : 11.80%
07th Nov 19
Overnight : 9.30%
1 Month : 9.65%
3 Month : 10.75%
6 Month : 11.15%
1 Year : 11.55%
2 Year : 12.10%
3 Year : 11.85%
07th Oct 19
Overnight : 9.95%
1 Month : 9.65%
3 Month : 10.40%
6 Month : 11.05%
1 Year : 11.65%
2 Year : 11.90%
3 Year : 11.90%
07th Sep 19
Overnight : 9.30%
1 Month : 9.65%
3 Month : 10.75%
6 Month : 11.15%
1 Year : 11.55%
2 Year : 12.10%
3 Year : 11.85%
07th Sep 19
Overnight : 9.30%
1 Month : 9.65%
3 Month : 10.75%
6 Month : 11.15%
1 Year : 11.55%
2 Year : 12.10%
3 Year : 11.85%
07th Aug 19
Overnight : 10.05%
1 Month : 9.80%
3 Month : 10.90%
6 Month : 11.30%
1 Year : 11.70%
2 Year : 12.25%
3 Year : 12.00%
07th Jul 19
Overnight : 10.05%
1 Month : 9.80%
3 Month : 10.90%
6 Month : 11.30%
1 Year : 11.70%
2 Year : 12.25%
3 Year : 12.00%
07th Jun 19
Overnight : 10.15%
1 Month : 9.90%
3 Month : 11.00%
6 Month : 11.40%
1 Year : 11.80%
2 Year : 12.35%
3 Year : 12.10%
06th Jun 19
Overnight : 10.15%
1 Month : 9.90%
3 Month : 11.00%
6 Month : 11.40%
1 Year : 11.80%
2 Year : 12.35%
3 Year : 12.10%
07th May 19
Overnight : 10.20%
1 Month : 9.95%
3 Month : 11.05%
6 Month : 11.45%
1 Year : 11.85%
2 Year : 12.40%
3 Year : 12.15%
07th Apr 19
Overnight : 10.35%
1 Month : 10.10%
3 Month : 11.10%
6 Month : 11.60%
1 Year : 11.85%
2 Year : 12.15%
3 Year : 12.00%
07th Mar 19
Overnight : 10.85%
1 Month : 10.60%
3 Month : 11.60%
6 Month : 12.10%
1 Year : 12.35%
2 Year : 12.65%
3 Year : 12.50%
07th Jan 19
Overnight : 11.00%
1 Month : 10.75%
3 Month : 11.75%
6 Month : 12.25%
1 Year : 12.50%
2 Year : 12.80%
3 Year : 12.65%
10th Dec 18
Overnight : 11.05%
1 Month : 10.80%
3 Month : 11.80%
6 Month : 12.30%
1 Year : 12.55%
2 Year : 12.85%
3 Year : 12.70%
07th Nov 18
Overnight : 10.95%
1 Month : 10.70%
3 Month : 11.70%
6 Month : 12.20%
1 Year : 12.45%
2 Year : 12.75%
3 Year : 12.90%
07th Oct 18
Overnight : 11.20%
1 Month : 10.95%
3 Month : 11.95%
6 Month : 12.45%
1 Year : 12.70%
2 Year : 13.00%
3 Year : 13.15%
07th Sep 18
Overnight : 11.45%
1 Month : 11.90%
3 Month : 12.00%
6 Month : 12.15%
1 Year : 12.40%
2 Year : 12.90%
3 Year : 13.00%
07th Aug 18
Overnight : 11.55%
1 Month : 11.00%
3 Month : 12.10%
6 Month : 12.25%
1 Year : 12.50%
2 Year : 13.00%
3 Year : 13.00%
07th Jul 18
Overnight : 11.70%
1 Month : 11.15%
3 Month : 12.25%
6 Month : 12.40%
1 Year : 12.65%
2 Year : 13.15%
3 Year : 13.15%
07th Jun 18
Overnight : 12.20%
1 Month : 11.65%
3 Month : 12.75%
6 Month : 12.90%
1 Year : 13.00%
2 Year : 13.15%
3 Year : 13.05%
07th May 18
Overnight : 12.10%
1 Month : 11.55%
3 Month : 12.65%
6 Month : 12.80%
1 Year : 12.90%
2 Year : 13.05%
3 Year : 12.95%
07th Apr 18
Overnight : 11.70%
1 Month : 11.65%
3 Month : 12.15%
6 Month : 12.40%
1 Year : 12.55%
2 Year : 12.85%
3 Year : 12.85%
07th Mar 18
Overnight : 12.20%
1 Month : 12.15%
3 Month : 12.65%
6 Month : 12.90%
1 Year : 13.05%
2 Year : 13.35%
3 Year : 13.35%
  • Effective 1st April 2016, AU Small Finance Bank has been directed by RBI to fix its loan interest rates benchmarked to MCLR rate which is based on its marginal cost of funds. Earlier, the bank fixed its loan interest rates to Base Rate, which was based on total cost of funds of the bank. AU Small Finance Bank MCLR rates for different tenors range from 6.95% to 10.25%.
  • RBI allows banks to set their own MCLR Rate based on their marginal cost of funds which means the cost of raising new funds for the bank. So, AU Small Finance Bank decides and announces its MCLR rate regularly based on prescribed formula and policy rate changes by RBI in its monetary policy.
  • Note that the RBI does not decide the MCLR Rate of any bank. RBI only announces the repo rate, which influences the cost of raising new funds for the bank. Banks may or may not decide to change their MCLR rate in response to changes in the repo rate. For instance, AU Small Finance Bank may decide to bring a lower cut in their MCLR rate compared to a Repo Rate cut. If RBI cuts the repo rate by 50 basis points or 0.5%, AU Small Finance may decide to cut its MCLR rate only by 0.25% based on its internal funding and liquidity position. Hence, it is important to compare the MCLR rate change of AU Small Finance Bank with that of RBI Repo Rate and MCLR Rate changes of other banks before taking a decision to take a loan from AU Small Finance Bank.
  • MCLR rate can be revised by AU Small Finance Bank every month. However, it is not mandatory for AU Small Finance Bank to revise its rate every month and it may choose to retain the same rate for a longer period keeping them unchanged.

Compare MCLR Rate Movement



    Compare AU Small Finance Bank MLCR Rates with Other Banks

    About AU Small Finance Bank

    • AU Small Finance Bank's registered office is located at 19-A, Dhuleshwar Garden, Ajmer Road, 302001.
    • AU Small Finance Bank's management is led by its CEO Mr. Sanjay Agarwal.
    • Its current Base Rate is 9.75%, which was last revised on 01st Aug 20.
    AU Small Finance News - Sep 2020
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