The Reserve Bank of India released the lending and deposit rates of scheduled commercial banks (SCBs), excluding regional rural banks and small finance banks, for October 2025 on October 31, 2025. The weighted average lending rate (WALR) on fresh rupee loans of SCBs was 8.50% in September 2025 (8.74% in August 2025). The WALR on outstanding rupee loans of SCBs declined to 9.26% in September 2025 (9.32% in August 2025). The 1-Year median Marginal Cost of Funds based Lending Rate (MCLR) of SCBs moderated to 8.55% in October 2025 (8.60% in September 2025). The weighted average domestic term deposit rate (WADTDR) on fresh rupee term deposits of SCBs was 5.60% in September 2025 (5.56% in August 2025). The WADTDR on outstanding rupee term deposits of SCBs was 6.82% in September 2025 (6.87% in August 2025). The press release number is 2025-2026/1429. For more information, contact Ajit Prasad, Deputy General Manager (Communications). The RBI website is www.rbi.org.in, and the email address is helpdoc@rbi.org.in. The phone number is 022-2266 0502. The Mumbai address is Department of Communication, Central Office, Shahid Bhagat Singh Marg, Fort, Mumbai - 400 001.
Key Entities Referenced
Scheduled Commercial Banks (SCBs): Primary entities whose lending and deposit rates are being reported.
Reserve Bank of India: The publisher of the press release on lending and deposit rates.
Lending and Deposit Rates: The subject matter of the press release.
Mumbai: Location of the Reserve Bank of India's Central Office.
Marginal Cost of Funds based Lending Rate (MCLR): One of the lending rate indicators for SCBs.
प्रेस प्रकाशनी PRESS RELEASE
भारतीय ररज़र्व बैंक
RESERVE BANK OF INDIA
वेबसाइट
:
www.rbi.org.in/hindi
संचार वर्भाग, केंद्रीय कायाालय, शहीद भगत ससिंह मागा, फोटा, म िंबई - 400 001
Website : www.rbi.org.in Department of Communication, Central Office, Shahid Bhagat Singh Marg, Fort,
ई-मेल/email : helpdoc@rbi.org.in Mumbai - 400 001 फोन/Phone: 022 - 2266 0502
October 31, 2025
Lending and Deposit Rates of Scheduled Commercial Banks – October 2025
Data on lending and deposit rates of scheduled commercial banks (SCBs) (excluding
regional rural banks and small finance banks) received during the month of October 2025
are set out in Tables 1 to 7.
Highlights:
Lending Rates:
• The weighted average lending rate (WALR) on fresh rupee loans of SCBs stood at
8.50 per cent in September 2025 (8.74 per cent in August 2025).
• The WALR on outstanding rupee loans of SCBs declined to 9.26 per cent in
September 2025 from 9.32 per cent in August 2025.
• 1-Year median Marginal Cost of Funds based Lending Rate (MCLR) of SCBs
moderated to 8.55 per cent in October 2025 from 8.60 per cent in September 2025.
Deposit Rates:
• The weighted average domestic term deposit rate (WADTDR) on fresh rupee term
deposits of SCBs stood at 5.60 per cent in September 2025 (5.56 per cent in August
2025).
• The WADTDR on outstanding rupee term deposits of SCBs was 6.82 per cent in
September 2025 (6.87 per cent in August 2025).
Ajit Prasad
Press Release: 2025-2026/1429 Deputy General Manager
(Communications)