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  • Canara Bank retains Interest rates on loans/advances with effect from 07.08.2021

    Published on August 6, 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 August 7, 2021.

    Accordingly, the tenor linked MCLRs of the Bank shall be as under with effect from 07.08.2021:

    TenorExisting MCLRMCLR w.e.f. 07.08.2021Change
    Overnight MCLR6.70 %6.70 %No Change
    One Month MCLR6.70 %6.70 %No Change
    Three Month MCLR6.95 %6.95 %No Change
    Six Month MCLR7.30 %7.30 %No Change
    One Year MCLR7.35 %7.35 %No Change

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