Canara Bank announced revision in the Marginal Cost of Funds Based Lending Rate (MCLR) of the bank with effect from 12 December 2024 as under:
| MCLR Tenor | Revised Rate |
| Overnight MCLR | 8.35% |
| One month MCLR | 8.45% |
| Three month MCLR | 8.55% |
| Six month MCLR | 8.90% |
| One year MCLR | 9.10% |
| Two year MCLR | 9.35% |
| Three year MCLR | 9.45% |
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