UCO Bank announces revision in benchmark interest rates

13 May 2025

UCO Bank announces revision in benchmark interest rates

UCO Bank has reviewed the benchmark rates and decided for revision in TBLR linked rate and G-sec linked rate, as detailed hereunder:

MCLR Tenor  MCLR (%)
Overnight  8.25
One month  8.45
Three month  8.60
Six month  8.90
One year  9.10

TBLR (3 month)  6.00%
TBLR (6 month)  6.05%
TBLR (12 month)  6.05%
G-Sec Linked UCO G-Sec (1 year) 6.05%
10-year G-Sec Rate YTM % p.a.
(Annualized) Par yield 
7.80%
Repo Linked Rate ' UCO Float 8.80%
Repo Linked Rate ' UCO Prime 6.00%
Base Rate 9.60%
BPLR  14.25%

The revised TBLR linked rate and G-sec linked rate is effective from 10 May 2025. Other Benchmark rates viz. MCLR, Repo linked rate, Base Rate and BPLR remain unchanged.

 

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