Bengaluru: Canara Bank, a leading Public Sector Bank, has retained its Marginal Cost of Fund Based Lending Rate (MCLR) on Loans / Advances across all tenors with effect from January 7, 2022.
Accordingly, the tenor linked MCLRs of the Bank shall be as under with effect from 07.01.2022:
|
Tenor |
Existing MCLR |
MCLR w.e.f. 07.01.2022 |
Change |
|
Overnight MCLR |
6.55 % |
6.55 % |
No Change |
|
One Month MCLR |
6.55 % |
6.55 % |
No Change |
|
Three Month MCLR |
6.85 % |
6.85 % |
No Change |
|
Six Month MCLR |
7.20 % |
7.20 % |
No Change |
|
One Year MCLR |
7.25 % |
7.25 % |
No Change |
Repo Linked Lending Rate (RLLR) continues to be at 6.90%.
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