UCO Bank announces revision in benchmark interest rates
UCO Bank has reviewed the benchmark rates and decided for revision in TBLR linked rate and G-sec linked rate, as detailed hereunder:
MCLR Tenor MCLR (%)Overnight 8.25One month 8.45Three month 8.60Six month 8.90One year 9.10TBLR (3 month) 6.00%TBLR (6 month) 6.05%TBLR (12 month) 6.05%G-Sec Linked UCO G-Sec (1 year) 6.05%10-year G-Sec Rate YTM % p.a.(Annualized) Par yield 7.80%Repo Linked Rate UCO Float 8.80%Repo Linked Rate UCO Prime 6.00%Base Rate 9.60%BPLR 14.25%
The revised TBLR linked rate and G-sec linked rate is effective from 10 May 2025. Other Benchmark rates viz. MCLR, Repo linked rate, Base Rate and BPLR remain unchanged.
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