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 · IndusInd Bank
EBLR
8.85%
+360 bps over repo
1Y MCLR
10.00%
+475 bps over repo
Most retail home loans sit on EBLR; older / corporate loans on MCLR
03 · IndusInd Bank
1Y FD (your deposit return)
6.75%
Gap to EBLR +210 bps · to MCLR +325 bps
See full FD slabsIndusInd Bank's lending-deposit spread sits at +210 bps on EBLR-linked loans and +325 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.
7 tenors
Overnight
9.65
%
1-month
9.70
%
3-month
9.85
%
6-month
9.95
%
1-year
10.00
%
2-year
10.05
%
3-year
10.10
%
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
IndusInd Bank MCLR against same-tenor G-Sec yields.
Compare the cost of a term loan from IndusInd Bank against what a comparable corporate bond would price at: G-Sec yield plus a credit spread of roughly 75–150 bps for AAA names.
- 3-month+458 bpsMCLR9.85%G-Sec5.27%
- 6-month+451 bpsMCLR9.95%G-Sec5.44%
- 1-year+414 bpsMCLR10.00%G-Sec5.86%
- 2-year+382 bpsMCLR10.05%G-Sec6.23%
- 3-year+371 bpsMCLR10.10%G-Sec6.39%
IndusInd Bank MCLR · G-Sec from RBI curve · as of 11 May 2026
Closest peers by EBLR
