Date: June 10, 2026

Board Meeting Outcomes

The Asset Liability Management Committee (ALCO) of UCO Bank reviewed the Benchmark rates and decided for revision in certain rates, effective from June 10, 2026.

Benchmark Rate Changes

MCLR Rates (Unchanged)

All MCLR rates remain unchanged from previous levels:

  • Overnight: 7.90%
  • One month: 8.15%
  • Three month: 8.40%
  • Six month: 8.65%
  • One year: 8.75%

Revised Benchmark Rates (Effective 10.06.2026)

TBLR Linked Rates:

  • TBLR (3 month): Increased from 5.30% to 5.40%
  • TBLR (6 month): Increased from 5.50% to 5.60%
  • TBLR (12 month): Increased from 5.60% to 5.75%

G-Sec Linked Rates:

  • UCO G-Sec Rate (1 year): Increased from 5.74% to 6.00%
  • 10-year G-Sec Rate YTM % p.a. (Annualized) Par yield: Decreased from 7.21% to 7.11%

Unchanged Benchmark Rates

  • Repo Linked Rate – UCO Float: 8.05%
  • Repo Linked Rate – UCO Prime: 5.25%
  • Base Rate: 9.60%
  • BPLR: 14.25%

Effective Date

The revised TBLR Linked Rates (3 month, 6 month and 12 month) and G-Sec Linked rates are effective from 10.06.2026.