With effect from 08 October 2019
Bank of Maharashtra has revised its Marginal Cost of Funds based Lending Rates (MCLR) with effect from 08 October 2019 as under -
Overnight - 8.05%
One month - 8.15%
Three month - 8.20%
Six month - 8.30%
One year - 8.40%.
Repo Linked Lending Rate has been reduced by 25 bps from 8.45% p.a. to 8.20% p.a. with effect from 08 October 2019.
Base Rate has been kept unchanged at 9.50% p.a.
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