Canara Bank announces revised MCLRs and RLLR

Effective from 07 May 2020

Canara Bank has revised the Marginal Cost of Funds based Lending Rates with effect from 07 May 2020 as under -

Overnight - 7.50%
One month - 7.50%
Three month - 7.75%
Six month - 7.80%
One year - 7.85%

The Bank's revised Repo Rate Linked Lending Rate (RLLR) for Retail Loans (Housing, Auto, etc.) & Micro, Small and Medium Enterprises (MSME) with effect from 07 May 2020 is 7.30%

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