UCO Bank Revises Benchmark Interest Rates Effective Oct 8, 2026

UCO Bank's Asset Liability Management Committee (ALCO) has reviewed and decided to revise several benchmark interest rates, effective October 8, 2026. While the Marginal Cost of Funds Based Lending Rate (MCLR) across tenors remains unchanged, other benchmark rates have seen adjustments. Notably, TBLR (3-month) increases to 5.30% from 5.25%, TBLR (6-month) to 5.70% from 5.55%, and TBLR (12-month) to 5.95% from 5.70%. The UCO G-Sec Rate (1-year) is revised to 6.26% from 5.88%, and the 10-year G-Sec Rate YTM increases to 7.32% from 7.09%. Repo Linked Rates also see upward revisions. The Base Rate and BPLR remain static at 9.60% and 14.25% respectively.