UCO TBLR Rate

Interest Rate structure applicable to different products / categories of Loans and Advances Linked to UCO TBLR (Treasury Bill Linked Lending Rate) : Average of last 1 months T Bill (3 month/6 Month/12 Month) yield. TBLR is applicable for following category with Tenor upto 12 Months.

UCO TBLR 10-11-2024 3-Month T Bill rate 6-Month T Bill rate 12-Month T Bill rate
6.45% 6.55% 6.55%
Effective rate mentioned in this circular with reference to UCO TBLR prevailing on the date of circular.
             
1 Advances to Central Government / State Government, Central Government guaranteed accounts
Facility having maturity upto 12 Months Spread  Effective Rate
UCO 1 to UCO 3 1.75% 8.20% 8.30% 8.30%
UCO 4 to UCO 6 2.00% 8.45% 8.55% 8.55%
UCO 7 & Below 2.25% 8.70% 8.80% 8.80%
           
2 Advances to State governments guaranteed accounts, Central PSUs, Bodies or Corporations incorporated by central government and other corporate customers having AAA rating
Facility having maturity upto 12 Months Spread  Effective Rate
UCO 1 to UCO 3 2.00% 8.45% 8.55% 8.55%
UCO 4 to UCO 6 2.25% 8.70% 8.80% 8.80%
UCO 7 & Below 2.50% 8.95% 9.05% 9.05%
             
3 Advances to State Government Undertakings where respective Govt. guranttee is not available having rating A and above. Corporate accounts having rating AA and A and exposure >25 Cr
Rating Spread  Effective Rate
UCO1 2.00% 8.45% 8.55% 8.55%
UCO 2 and UCO 3 2.25% 8.70% 8.80% 8.80%
UCO 4 and UCO 5 2.50% 8.95% 9.05% 9.05%
UCO 6 2.75% 9.20% 9.30% 9.30%
UCO 7 3.50% 9.95% 10.05% 10.05%
UCO 8 & below 4.50% 10.95% 11.05% 11.05%
             
             
4 Advances for Export Credit to MSME linked to UCO TBLR
  Pre Shipment Spread  Effective Rate
  Upto 270 days 2.15% 8.60% 8.70% 8.70%
  Beyond 270 days and upto 360 days 2.30% 8.75% 8.85% 8.85%
  Against incentive receivable from GOI up to 90 days 2.10% 8.55% 8.65% 8.65%
  Post Shipment Spread  Effective Rate
  On Demand Bills for transit period 2.10% 8.55% 8.65% 8.65%
  Usance Bills upto notional due date whichever is earlier > Spread  Effective Rate
  Upto 180 days 2.10% 8.55% 8.65% 8.65%
  More than 180 days to 365 days 2.30% 8.75% 8.85% 8.85%
  Against Govt. incentive Receivable from GOI upto 90 days 2.10% 8.55% 8.65% 8.65%
  Against undrawn balance upto 90 days 2.10% 8.55% 8.65% 8.65%
  Against retention money payable within 01 year for DOS ( for supplies upto 90 days) 2.15% 8.60% 8.70% 8.70%
  Export not otherwise specified (ECNOS) Spread  Effective Rate
  Pre-shipment 7.00% 13.45% 13.55% 13.55%
  Post-shipment 7.00% 13.45% 13.55% 13.55%

Note:

a. Corporate accounts having rating below ‘A” or FB and NFB exposure up to Rs 25 Crore shall be priced/ linked with MCLR. .

b. All customers who are eligible for lending under UCO Prime or TBLR shall be eligible for pricing with reference rate to MCLR.

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