Bank of Maharashtra Revises Marginal Cost of Funds Based Lending Rate (MCLR)
Bank of Maharashtra has announced a review and subsequent revision of its Marginal Cost of Funds Based Lending Rate (MCLR), which will be effective from July 25, 2026. The updates pertain to various lending tenors across different segments.The bank provided details regarding the changes in MCLR for customers. While some rates remained unchanged, others saw adjustments following the review process.
| Tenor | Existing MCLR | Revised MCLR (w.e.f. 25.07.2026) |
|---|---|---|
| Overnight | 7.50% | 7.30% |
| One month | 8.30% | 8.30% |
| Three months | 8.55% | 8.55% |
| Six months | 8.80% | 8.90% |
| One Year | 8.95% | 9.00% |
MAHABANK Stock Price Movement
On Friday, shares of Bank of Maharashtra edged higher to close at ₹81.03, achieving a gain of ₹2.02 or 2.57%. The stock traded within its range for the day, with a high reaching ₹81.49 and a reported volume of 18.25 million shares.Disclaimer: Due care and diligence have been taken in compiling and presenting news and market-related content. However, errors or omissions may arise despite such efforts.
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