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Canara Bank announces revised MCLRs and RLLR

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Capital Market

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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First Published: May 06 2020 | 4:17 PM IST

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