UCO Bank Revises Benchmark Interest Rates Effective Nov 7, 2026

UCO Bank's Asset Liability Management Committee (ALCO) has reviewed and revised the bank's benchmark interest rates, effective November 7, 2026. Key revisions include increases in the Marginal Cost of Funds Based Lending Rate (MCLR) across various tenors, with the one-year MCLR moving to 8.90%. Other benchmark rates such as TBLR and G-Sec linked rates have also been adjusted upwards. Notably, Repo Linked Rates, Base Rate, and BPLR remain unchanged. These changes are expected to impact lending and borrowing costs for customers.