UCO Bank revises MCLR, TBLR, and G-sec linked rates

UCO Bank's asset liability management committee has reviewed and revised several benchmark rates. The marginal cost of funds based lending rate (MCLR) for overnight and one-month tenors has been reduced to 8.00% and 8.25% respectively, from 8.05% and 8.30%. The one-year MCLR also decreased to 8.85% from 8.90%. Rates for three and six-month MCLRs remain unchanged at 8.45% and 8.70%.

The term benchmark lending rate (TBLR) for all tenors (3, 6, and 12 months) will increase, with the 3-month TBLR rising to 5.50% from 5.45%. The 6-month and 12-month TBLRs both moved to 5.60% from 5.50% and 5.55% respectively. G-sec linked rates for 1-year and 10-year tenors will decrease to 5.64% and 6.72% from 5.67% and 6.78%.

These revised MCLR, TBLR, and G-sec linked rates are effective from October 10, 2025. Other benchmark rates, including repo linked rates (UCO Float and UCO Prime), base rate, and BPLR, will remain unchanged.