APN News

  • Tuesday, May, 2022| Today's Market | Current Time: 03:25:14
  • Canara Bank retains Interest rates on loans/advances with effect from 07.09.2021

    Published on September 7, 2021

    Chennai: 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:

    TenorExisting MCLRMCLR w.e.f. 07.09.2021Change
    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%.


    Leave a Reply