Canara Bank has informed the National Stock Exchange of India Ltd. of a revision in its Marginal Cost of Funds Based Lending Rate (MCLR), effective from August 12, 2026. The new rates are as follows:
- Overnight MCLR: 7.95% (No change from previous 7.95%)
- One Month MCLR: 8.00% (Decreased from previous 8.05%)
- Three Month MCLR: 8.25% (Decreased from previous 8.30%)
- Six Month MCLR: 8.60% (Decreased from previous 8.65%)
- One Year MCLR: 8.75% (Increased from previous 8.80%)
- Two Year MCLR: 9.00% (Decreased from previous 9.05%)
- Three Year MCLR: 9.05% (Decreased from previous 9.10%)