CITI Bank Base Rate - 2017-2018 StudyChaCha

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  #1  
Old January 5th, 2017, 04:01 PM
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Default CITI Bank Base Rate

Hello sir, what percentage is provides by Citibank for base rate? Is there any one can provide me base rate of Citibank?
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  #2  
Old January 5th, 2017, 04:31 PM
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Default Re: CITI Bank Base Rate

Citibank is the first large foreign bank to announce a base rate cut after the RBI reduces its benchmark repo rate by 25 basis points to 7.25%.

Current MCLR base rate of Citibank ranges from 8.10% to 8.35% depending on the reset frequency of the loan. Rates are revised every month.


Citibank base rate



Tenure Base Rate, MCLR
Overnight 8.10%
1 Month 8.30%
3 Month 8.30%
6 Month 8.35%
1 Year 8.30%

Citibank interest rate:
Home Loan Interest Rates - 9.3% Floating

Loan Against Property Rates - 10.5% Floating

Personal Loan Interest Rates - 11.49%

Fixed Deposit Interest Rates - 3.50% to 6.25%

Past Trend Base Rate of Citibank:

Revised Date Overnight MCLR 1 Month MCLR 3 Month MCLR 6 Month MCLR 1 Year MCLR 2 Year MCLR 3 Year MCLR 5 Year MCLR
07th Nov 16 8.10% 8.30% 8.30% 8.35% 8.30% - - -
07th Oct 16 8.30% 8.30% 8.35% 8.40% 8.35% - - -
07th Sep 16 8.30% 8.40% 8.45% 8.50% 8.45% - - -
07th Aug 16 8.25% 8.50% 8.55% 8.60% 8.55% - - -
07th Jul 16 8.20% 8.55% 8.60% 8.65% 8.60% - - -
07th Jun 16 8.35% 8.65% 8.80% 8.75% 8.65% - - -
07th May 16 8.45% 8.75% 8.90% 8.85% 8.75% - - -
01st Apr 16 8.65% 8.95% 9.00% 9.00% 8.85% - - -
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