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UCO Bank announces Marginal Cost of Funds based Lending Rates

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Capital Market

Effective from 01 April 2016

UCO Bank has moved to Marginal Cost of Funds based Lending Rate (MCLR) from Base Rate for all new/ advances from 01 April 2016. Accordingly, the tenor based MCLR of the bank effective 01 April 2016 is as under -

Overnight - 9.30%
1 month - 9.40%
3 months - 9.45%
6 months - 9.50%
1 Year - 9.55%
2 year - 9.65%

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First Published: Apr 04 2016 | 6:36 PM IST

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