Minimum Loan Rate (MLR)

Example of calculating MLR interest rate
- Personal loan MLR: 8%
- Personal loan interest rate: MLR - 2%
- Assuming the MLR for a personal loan is 8% and the bank offers a fixed interest rate discount of 2%, the interest rate payable is 6%.

Minimum Retail Rate (MRR)

Example of calculating MRR interest rate
- Credit card MRR: 10%
- Credit card interest rate: MRR - 2.75%
- In this example, if the MRR for a credit card is 10% and the bank deducts a fixed discount of 2.75%, the credit card interest rate will be 7.25%.

Minimum Overdraft Rate (MOR)

Example of calculating MOR interest rate
-OD MOR: 6%
- OD: MOR - 2%
- If the MOR is 6% and the bank reduces the fixed interest rate by 2%, the interest rate on the overdraft will be 4%.