| UCO Bank has revised the Marginal Cost of Fund-Based Lending
Rate (MCLR) and Treasury Bill Linked Lending Rates (TBLR) as detailed hereunder :
Overnight MCLR - 7.95%
One month MCLR - 8.15%
Three month MCLR - 8.30%
Six month MCLR - 8.55%
One year MCLR - 8.70%
Other benchmark rates:
TBLR (3 month)- 6.80%
TBLR (6 month)- 6.95%
TBLR (6 month)- 7.00%
Repo Linked Rate – UCO Float (w.e.f. 15 March 2023) - 9.30%
Base Rate - 9.60%
BPLR - 14.25%.
The revised MCLR and TBLR is effective from 10 September 2023. Other Benchmark rates viz. Repo Linked rate, Base Rate and BPLR remain unchanged. |