UCO Bank

MCLR

Interest Rate structure applicable to different products / categories of Loans and Advances to General Customers Linked to MCLR :

Over Night 7.90% w.e.f. 10.12.2017
One Month 8.00%
Three Month 8.15%
Six Months 8.35%
One Year 8.45%

Effective rate mentioned in this circular with reference to MCLR prevailing on the date of circular.

Existing loans and credit limits linked to the Base Rate / BPLR shall continue till repayment or renewal, as the case may be. Provided that existing borrowers shall have the option to move to the Marginal Cost of Funds based Lending Rate (MCLR) at mutually acceptable terms

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