UCO Bank Revises Key Benchmark Interest Rates Effective April 10, 2026
UCO Bank has announced revisions to several benchmark rates following a review by its Asset Liability Management Committee (ALCO). These revised rates are effective starting April 10, 2026.The bank detailed changes across its Minimum Loan Charged Rate (MCLR) and other key lending benchmarks.
MCLR Rate Revisions
The MCLR rates have been revised across various tenors as follows:| MCLR Tenor | MCLR Rate w.e.f. 10.04.2026 |
|---|---|
| Overnight | 7.90% |
| One month | 8.15% |
| Three month | 8.40% |
| Six month | 8.65% |
| One year | 8.75% |
Updates to Other Benchmark Rates
Several other benchmark rates were updated on the same date. The adjustments are detailed in the table below:| Benchmark | Existing Rate | New Rates (w.e.f. 10.04.2026) |
|---|---|---|
| TBLR (3 month) | 5.30% | 5.35% |
| TBLR (6 month) | 5.50% | 5.50% |
| TBLR (12 month) | 5.60% | 5.60% |
| UCO G-Sec Rate (1 year) | 5.58% | 5.72% |
| 10-year G-Sec Rate YTM % p.a. (Annualized) Par yield | 6.83% | 7.24% |
| Repo Linked Rate - UCO Float | 8.05% | 8.05% |
| Repo Linked Rate - UCO Prime | 5.25% | 5.25% |
| Base Rate | 9.60% | 9.60% |
| BPLR | 14.25% | 14.25% |
The revised TBLR Linked Rates (3 month) and G-Sec Linked rates are effective from April 10, 2026. The MCLR, TBLR (6 & 12 month), Repo Linked Rate, Base rate, and BPLR rates remain unchanged.
UCOBANK Stock Price Movement
Shares of UCO Bank are edging higher to ₹26.21 as of 1:17 PM today, gaining 2.02% in live trading. The stock shows robust investor interest, trading on a volume exceeding 4.26 million shares.Source:
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