Date: 07.08.2026
Benchmark Rates Review
UCO Bank's Asset Liability Management Committee (ALCO) reviewed the Bank's Benchmark rates and decided on revisions effective from 07.08.2026.
MCLR Rates (No Change)
All Marginal Cost of Funds Based Lending Rate (MCLR) tenors remain unchanged:
- Overnight: 7.90%
- One month: 8.20%
- Three month: 8.45%
- Six month: 8.70%
- One year: 8.80%
Revised Benchmark Rates (Effective 07.08.2026)
The following rates were revised:
- TBLR (3 month): Revised to 5.30% from previous 5.25%
- TBLR (12 month): Revised to 5.80% from previous 5.65%
- UCO G-Sec Rate (1 year): Revised to 5.57% from previous 5.80%
Unchanged Benchmark Rates
The following rates remain unchanged:
- TBLR (6 month): 5.50%
- 10-year G-Sec Rate YTM: 6.85% (Annualized par yield: 6.96%)
- Repo Linked Rate - UCO Float: 8.05%
- Repo Linked Rate - UCO Prime: 5.25%
- Base Rate: 9.60%
- BPLR: 14.25%
Effective Date
All revised rates (TBLR linked rates for 3 & 12 month and G-Sec linked rates) are effective from 07.08.2026.