Canara Bank has informed the Bombay Stock Exchange (BSE) and National Stock Exchange of India Ltd (NSE) of a revision in its Marginal Cost of Funds Based Lending Rate (MCLR) across all tenors, effective from November 12, 2026.
The bank has increased all MCLR rates by 10 basis points (0.10%):
- Overnight MCLR: Increased from 7.95% to 8.05%
- One Month MCLR: Increased from 8.05% to 8.15%
- Three Month MCLR: Increased from 8.30% to 8.40%
- Six Month MCLR: Increased from 8.65% to 8.75%
- One Year MCLR: Increased from 8.80% to 8.90%
- Two Year MCLR: Increased from 9.05% to 9.15%
- Three Year MCLR: Increased from 9.10% to 9.20%
This is an informational filing for exchange records regarding the bank's lending rate revision.