Bangalore: 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 July 7, 2021.
Accordingly, the tenor linked MCLRs of the Bank shall be as under with effect from 07.07.2021:
Tenor |
Existing MCLR |
MCLR w.e.f. 07.07.2021 |
Overnight MCLR |
6.70 % |
6.70 % |
One Month MCLR |
6.70 % |
6.70 % |
Three Month MCLR |
6.95 % |
6.95 % |
Six Month MCLR |
7.30 % |
7.30 % |
One Year MCLR |
7.35 % |
7.35 % |
Repo Linked Lending Rate (RLLR) continues to be at 6.90%.
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