Bank of Baroda revises lending rates effective october 12

Bank of Baroda has reviewed its Marginal Cost of Funds Based Lending Rate (MCLR), with new rates becoming effective from October 12, 2025. This adjustment impacts multiple tenors, showing a mix of stable and reduced rates. The overnight MCLR remains unchanged at 7.85%, while the one month MCLR sees a slight decrease from 7.95% to 7.90%. The three month MCLR holds steady at 8.20%.

Further adjustments include the six month MCLR, which has been reduced from 8.65% to 8.60%. The one year MCLR also sees a decrease, moving from 8.80% to 8.75%. These revised rates reflect the bank's assessment of its funding costs and market conditions.

The announcement was digitally signed by S Balakumar, company secretary, on October 10, 2025.