Karur Vysya Bank Ltd has informed BSE regarding Revision in Marginal Cost of Funds Based Lending Rates (MCLR).
KARURVYSYA · price
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Karur Vysya Bank has revised its MCLR (the benchmark rate at which it lends) downward by 10 basis points across all tenors, effective September 7, 2025. The overnight rate falls from 9.25% to 9.15%, the one-month and three-month rates fall from 9.40% to 9.30%, and the six-month and one-year rates fall from 9.55% to 9.45%. This is a uniform 0.10% cut across every maturity bucket. The revision is being intimated to stock exchanges under SEBI listing rules.
Existing borrowers on MCLR-linked loans (home, personal, business) may see slightly lower EMIs or interest charges after the next reset. For the bank, the cut could modestly squeeze net interest margins if deposit costs do not fall in tandem, but it may support loan demand and competitive positioning.