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(13 May 2025, 15:24)

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  8.25
One month  8.45
Three month  8.60
Six month  8.90
One year  9.10

TBLR (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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