Sentences with phrase «mclr loan system»
First of all thanks sorting out the confusion and complication about MCLR loan system.
https://www.relakhs.com/ Not exact matches
MCLR — New home loan base rate system from Apr 2016.
Dear MUKESHKUMAR, Some banks like SBI have started to link Personal loans, auto loans and educational loans also to MCLR system (only floating rate loans).
But from this FY, all banks have to sanction loans based on new MCLR system.
If i taken a loan on 31st march 2015 in base rate system, after one year do my loan will automatically convert into MCLR???