UCO Bank revises MCLR, TBLR, and G-Sec rates

UCO Bank's Asset Liability Management Committee (ALCO) has reviewed and revised its benchmark rates, with new rates taking effect on September 10, 2025. The marginal cost of funds based lending rate (MCLR) for various tenors will see minor changes. The overnight MCLR will decrease to 8.05% from 8.15%, while the one-month MCLR will be 8.30% (previously 8.35%). The three-month MCLR is set at 8.45% (down from 8.50%), the six-month MCLR at 8.70% (from 8.75%), and the one-year MCLR at 8.90% (from 8.95%).

Additionally, certain other benchmark rates have been updated. The 3-month treasury bill linked rate (TBLR) will increase to 5.45% from 5.35%. The 6-month and 12-month TBLR rates remain unchanged at 5.50% and 5.55% respectively. The UCO G-Sec Rate (1 year) will be 5.67% (up from 5.64%), and the 10-year G-Sec Rate YTM % p.a. (annualized) par yield will adjust to 6.78% from 6.51%.

However, several other key benchmark rates, including repo linked rates (UCO Float and UCO Prime), base rate, and BPLR, will remain unchanged. Specifically, the repo linked rate – UCO Float will stay at 8.30%, the repo linked rate – UCO Prime at 5.50%, the base rate at 9.60%, and the BPLR at 14.25%.