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UCO Bank announces revision in benchmark interest rates
13-May-2025, 03:24
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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