Base Rate and Benchmark Prime Lending Rate (BPLR)

Base Rate

The Base Rate of NatWest Markets PLC India is 6.60% per annum with effect from July 1, 2019

Benchmark Prime Lending Rate

The Benchmark Prime Lending Rate (BPLR) of NatWest Markets PLC India is 13.10% per annum with effect from 03 April, 2017.

Marginal Cost of funds based Lending Rate (MCLR)

The Marginal Cost of funds based Lending Rates (MCLRs) of NatWest Markets PLC India effective from
August 1, 2019 are as below:

Benchmark Tenor Benchmark Rate per annum
Overnight 6.85%
1-month 6.75%
3-months 6.85%
6-months 7.00%
1-year 7.05%

With effect from 24 June, 2019 the India branch of The Royal Bank of Scotland plc has received approval from the Reserve Bank of India to rename to NatWest Markets Plc

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