Bank of Maharashtra hikes MCLR and Repo Linked Lending Rate

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Capital Market
Last Updated : May 09 2022 | 3:50 PM IST

With effect from 07 May 2022

Bank of Maharashtra has revised the Marginal Cost of Funds Based Lending Rate (MCLR) with effect from 7 May 2022 as under:

Overnight - 6.85%
One month - 6.95%
Three month - 7.25%
Six month - 7.30%
One year - 7.40%

Further, Repo Linked Lending Rate is revised from 6.80% to 7.20% p.a. with effect from 07 May 2022.

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First Published: May 09 2022 | 3:34 PM IST

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