Central Bank of India
loan rates

Name: Central Bank of India EBLR & MCLR
Creator: Capera

External benchmark

EBLR

8.25%

+300 bps over repo (5.25%)

Marginal cost

1-year MCLR

8.65%

Spread over benchmark: +300 bps

Live · updated 11 May 2026·Effective 10 April 2026

Your rate stack

What this bank charges, and what it pays back.

01 · RBI

Repo rate

5.25%

Where the bank funds itself overnight

02 · Central Bank of India

EBLR

8.25%

+300 bps over repo

1Y MCLR

8.65%

+340 bps over repo

Most retail home loans sit on EBLR; older / corporate loans on MCLR

03 · Central Bank of India

1Y FD (your deposit return)

6.20%

Gap to EBLR +205 bps · to MCLR +245 bps

See full FD slabs

Central Bank of India's lending-deposit spread sits at +205 bps on EBLR-linked loans and +245 bps on 1-year MCLR. If you hold both an FD and an OD here, that's the spread you're carrying both ways.

MCLR term structure

Rate by reset tenor.

5 tenors

Overnight

7.45

1-month

7.50

3-month

8.30

6-month

8.50

1-year

8.65

2-year

—

not reported

3-year

—

not reported

MCLR loans reset at the chosen tenor. A 1-year MCLR loan recalculates once a year; an overnight MCLR loan recalculates every business day. Most retail loans pick the 1-year MCLR.

Vs the sovereign curve

Central Bank of India MCLR against same-tenor G-Sec yields.

Compare the cost of a term loan from Central Bank of India against what a comparable corporate bond would price at: G-Sec yield plus a credit spread of roughly 75–150 bps for AAA names.

Tenor MCLR G-SecSpread