Bank of Baroda Revises Marginal Cost of Funds Based Lending Rate (MCLR) Rates Effective June 12, 2026
Bank of Baroda has announced a review and revision of its Marginal Cost of Funds Based Lending Rate (MCLR), effective from June 12, 2026. The updated rates reflect changes across various lending tenors.The bank provided the updated MCLR structure, detailing the existing rate alongside the revised rates for different periods.
The MCLR revisions are presented as follows:
| MCLR Tenors | Existing MCLR (in %) | MCLR w.e.f. 12th June 2026 (in %) |
|---|---|---|
| Overnight | 7.80 | 7.85 |
| One Month | 7.90 | 7.95 |
| Three Month | 8.15 | 8.20 |
| Six Month | 8.45 | 8.50 |
| One Year | 8.70 | 8.75 |
The reviewed MCLR rates encompass various lending durations, from overnight loans to one-year tenures, with the revised figures being applicable starting June 12, 2026.
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