The State Bank of Bikaner and Jaipur SBBJ is now State Bank of India.

I am telling you the latest Interest rates in State Bank of India.

State Bank of India Interest rates

Marginal Cost Of Funds Based Lending Rate (Mclr) With Effect From-01.12.2017

Tenor-wise MCLR effective from 1st December 2017 will be as under:

Tenor Existing MCLR (In %) Revised MCLR (In %) #
Over night 7.7 7.7
One Month 7.8 7.8
Three Month 7.85 7.85
Six Month 7.9 7.9
One Year 7.95 7.95
Two Years 8.05 8.05
Three Years 8.1 8.1

# no change in MCLR

A. Personal Loan (Unsecured)

Xpress Credit to employees of Rated Corporates (W.E.F. 01.11.2017) with No Reset:
Facility Type Check Off Rating 2 year MCLR Spread over 2 Effective
Category year MCLR Interest Rate
Term Loan Check Off A- and above 8.05% 3.80% 11.85%
Term Loan Check Off BBB+ and below 8.05% 4.30% 12.35%
Term Loan No Check off A- and above 8.05% 5.90% 13.95%
Term Loan No Check off BBB+ and below 8.05% 6.40% 14.45%
Overdraft Check Off A- and above 8.05% 4.05% 12.10%
Overdraft Check Off BBB+ and below 8.05% 4.55% 12.60%
Overdraft No Check off A- and above 8.05% 6.15% 14.20%
Overdraft No Check off BBB+ and below 8.05% 6.65% 14.70%




Contact-

Toll free number: 1800 11 2211
Toll free number: 1800 425 3800
Toll number: 080-26599990