Canara Bank announces MCLR and Repo Rate linked Lending Rate
Effective from 07 December 2019
Canara Bank announced the revision in Marginal Cost of Funds Based Lending Rates with effect from 07 December 2019 as under -
Overnight MCLR - 7.90%
One month MCLR - 7.90%
Three month MCLR - 8.20%
Six month MCLR - 8.35%
One year MCLR - 8.35%
The Repo Rate Linked Lending Rate (RLLR) of the bank for Retail Loans (Housing, Auto, etc.) & Micro, Small and Medium Enterprises (MSME) of Canara Bank is 8.05% with effect from 07.12.2019
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First Published: Dec 06 2019 | 1:23 PM IST