By 121 News
Chandigarh 01st September:- Dena Bank, India's trusted family bank has reduced Marginal cost based Lending Rate (MCLR) by 15 basis points across one year, 6months, 3 months and one month with effect from 1st September, 2017.
As per the structure of the MCLR rates, Dena bank has fixed its overnight period MCLR at 8.20% while setting up the one month period MCLR at 8.20%.For three months period MCLR has been fixed at 8.30% and for six months period the rate has been fixed at 8.35% and for one year period the rate has been fixed at 8.40%.