Canara Bank retains MCLR rates
Hyderabad: Canara Bank has retained its Marginal Cost of Fund Based Lending Rate (MCLR) on Loans / Advances across all tenors with effect from September 7, 2021.
Accordingly, the tenor linked MCLRs of the Bank shall be as under with effect from 07.09.2021:
|Tenor||Existing MCLR||MCLRw.e.f. 07.09.2021||Change|
|Overnight MCLR||6.70 %||6.70 %||No Change|
|One Month MCLR||6.70 %||6.70 %||No Change|
|Three Month MCLR||6.95 %||6.95 %||No Change|
|Six Month MCLR||7.30 %||7.30 %||No Change|
|One Year MCLR||7.35 %||7.35 %||No Change|
Repo Linked Lending Rate (RLLR) continues to be at 6.90%.