Canara Bank retains MCLR rates

Canara Bank retains MCLR rates

Hyderabad: Canara Bank has retained its Marginal Cost of Fund Based Lending Rate (MCLR) on Loans / Advances across all tenors with effect from September 7, 2021.

Accordingly, the tenor linked MCLRs of the Bank shall be as under with effect from 07.09.2021:

TenorExisting MCLRMCLRw.e.f. 07.09.2021Change
Overnight MCLR6.70 %6.70 %No Change
One Month MCLR6.70 %6.70 %No Change
Three Month MCLR6.95 %6.95 %No Change
Six Month MCLR7.30 %7.30 %No Change
One Year MCLR7.35 %7.35 %No Change

Repo Linked Lending Rate (RLLR) continues to be at 6.90%.

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