UCO Bank revises benchmark lending rates, effective December 11

UCO Bank announced revisions to its benchmark rates, effective December 11, 2025, following a review by its Asset Liability Management Committee (ALCO). The Marginal Cost of Funds Based Lending Rate (MCLR) for a one-year tenor has been reduced to 8.80% from 8.85%. Other MCLR tenors, including overnight, one-month, three-month, and six-month, remain unchanged at 7.95%, 8.20%, 8.45%, and 8.70% respectively.

Key changes among other benchmark rates include a reduction in the 3-month Treasury Bill Linked Rate (TBLR) to 5.40% from 5.45%, while the 6-month and 12-month TBLR remain at 5.55%. The UCO G-Sec Rate (1 year) has been revised downward to 5.59% from 5.66%. The 10-year G-Sec Rate YTM % p.a. (Annualized) Par yield has increased to 6.66% from 6.61%.

Significant adjustments were also made to the Repo Linked Rates; UCO Float decreased to 8.05% from 8.30%, and UCO Prime saw a reduction to 5.25% from 5.50%. The Base Rate and BPLR remain unchanged at 9.60% and 14.25% respectively.