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Canara Bank retains Interest rates on loans/advances with effect from 07.09.2021

Canara Bank retains Interest rates on loans/advances with effect from 07.09.2021

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 September 7, 2021.

 

 

Accordingly, the tenor linked MCLRs of the Bank shall be as under with effect from 07.09.2021:

Tenor

Existing MCLR

MCLR

w.e.f. 07.09.2021

Change

Overnight MCLR

6.70 %

6.70 %

No Change

One Month MCLR

6.70 %

6.70 %

No Change

Three Month MCLR

6.95 %

6.95 %

No Change

Six Month MCLR

7.30 %

7.30 %

No Change

One Year MCLR

7.35 %

7.35 %

No Change

 

Repo Linked Lending Rate (RLLR) continues to be at 6.90%.

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