Canara Bank Revises Marginal Cost of Funds Based Lending Rate Effective June 12, 2026
Canara Bank has revised its Marginal Cost of Funds Based Lending Rate (MCLR), with the changes taking effect from June 12, 2026. The updated rates cover various tenors ranging from overnight to three years.The revisions detailed in the bank's announcement show incremental adjustments across several categories.
Key rate details are provided below:
| Sr. No. | MCLR Tenor | Existing Rate | Rate w.e.f. 12.06.2026 |
|---|---|---|---|
| 1 | Overnight MCLR | 7.90 | 7.95 |
| 2 | One Month MCLR | 7.95 | 8.00 |
| 3 | Three Month MCLR | 8.20 | 8.25 |
| 4 | Six Month MCLR | 8.55 | 8.60 |
| 5 | One Year MCLR | 8.75 | 8.75 |
| 6 | Two Year MCLR | 9.00 | 9.00 |
| 7 | Three Year MCLR | 9.05 | 9.05 |
CANBK Stock Price Movement
Canara Bank shares today slipped by 3.06% to settle at ₹133.46, finishing significantly lower than its previous close. The stock saw considerable movement in the session, with total traded volume reaching nearly 39.7 million as it hovered near the intraday low of ₹133.11.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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