UCO Bank announces Marginal Cost of Funds based Lending Rates
Effective from 01 April 2016
UCO Bank has moved to Marginal Cost of Funds based Lending Rate (MCLR) from Base Rate for all new/ advances from 01 April 2016. Accordingly, the tenor based MCLR of the bank effective 01 April 2016 is as under -
Overnight - 9.30%
1 month - 9.40%
3 months - 9.45%
6 months - 9.50%
1 Year - 9.55%
2 year - 9.65%
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