Published on November 8, 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 November 7, 2021.
Accordingly, the tenor linked MCLRs of the Bank shall be as under with effect from 07.11.2021:
Tenor | Existing MCLR | MCLR w.e.f. 07.11.2021 | 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 |