Fed Cuts and Home Loan Rates | Homebridge Financial Services

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OBC Bank Slashes 1-Year MLCR Rate To 8.7% The MCLR Rates offered by OBC depends primarily depends on the loan tenure. The rate of interest applicable to overnight tenure loans stands at 8.30%. For one month tenures, the interest rate applicable is 8.45% while the rate of interest associated with three-month tenures stands at 8.50%.

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