Personal Finance SBI reduces MCLR-linked loan's reset period to 6 months; here's what it means for you Updated : September 11, 2020 04:16 PM IST For the borrowers, this means that SBI will now reprice the interest rates on loans after 6 months to pass on any changes in the external benchmark rate. Subscribe to Moneycontrol PRO at just Rs.33/- per month for the first year. Use code SUPERPRO. Limited period offer. Available on Web and Android.