Loan & Debt10 April 2026 at 01:01 pm
BoB MCLR Rates Unchanged Across All Tenors from April 12, 2026
AI Summary
Bank of Baroda has announced a review of its Marginal Cost of Funds Based Lending Rate (MCLR), effective from April 12, 2026. The bank has decided to keep all MCLR tenors unchanged from their existing rates. The Overnight MCLR remains at 7.80%, One Month at 7.90%, Three Month at 8.15%, Six Month at 8.45%, and the One Year MCLR continues to be 8.70%. This stability in lending rates suggests no immediate change in the bank's cost of funds or its lending policy for the specified period.
Key Highlights
- Bank of Baroda reviewed its Marginal Cost of Funds Based Lending Rate (MCLR).
- All MCLR tenors will remain unchanged from their current rates.
- The revised rates are effective from April 12, 2026.
- Overnight MCLR stays at 7.80%, One Year MCLR at 8.70%.
- This indicates stable lending rates for the bank's customers.
BANKBARODAPublic Sector Bank
BANK OF BARODAPrice Impact