Effective from 07 December 2019
Canara Bank announced the revision in Marginal Cost of Funds Based Lending Rates with effect from 07 December 2019 as under -
Overnight MCLR - 7.90%
One month MCLR - 7.90%
Three month MCLR - 8.20%
Six month MCLR - 8.35%
One year MCLR - 8.35%
The Repo Rate Linked Lending Rate (RLLR) of the bank for Retail Loans (Housing, Auto, etc.) & Micro, Small and Medium Enterprises (MSME) of Canara Bank is 8.05% with effect from 07.12.2019
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