Bank of Maharashtra revises MCLR and Repo Linked Lending Rate

With effect from 08 October 2019

Bank of Maharashtra has revised its Marginal Cost of Funds based Lending Rates (MCLR) with effect from 08 October 2019 as under -

Overnight - 8.05%
One month - 8.15%
Three month - 8.20%
Six month - 8.30%
One year - 8.40%.

Repo Linked Lending Rate has been reduced by 25 bps from 8.45% p.a. to 8.20% p.a. with effect from 08 October 2019.

Base Rate has been kept unchanged at 9.50% p.a.

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