UCO Bank Hikes Lending Rates: New TBLR and G-Sec Rates Effective from Feb 11; Check Your New EMI

Mumbai, Feb 10, 2026: In a significant move for borrowers, public sector lender UCO Bank has announced a revision in its benchmark lending rates. Following a strategic review by the Asset Liability Management Committee (ALCO), the bank has implemented a hike in TBLR and G-Sec linked rates, effective from February 11, 2026.

While some borrowers will see a marginal increase in their interest outgo, the bank has kept major benchmarks like MCLR and Repo-linked rates unchanged, providing relief to a vast section of retail loan customers.

Key Rate Revisions: TBLR & G-Sec

The revision primarily targets the Term Benchmark Lending Rate (TBLR) across various tenors. Below is the breakdown of the changes:

Loan Tenor	Existing Rate	Revised Rate (Effective Feb 1 )	Basis Point Increase
3 Months	5.30%	5.35%	+5 bps
6 Months	5.50%	5.55%	+5 bps
12 Months	5.50%	5.60%	+10 bps

Additionally, the UCO G-Sec rate (1-year) has been revised upward from 5.59% to 5.79%, while the 10-year G-Sec yield saw a jump from 6.78% to 6.89%.

Status Quo: Which Loans Remain Unchanged?

For the majority of home and car loan borrowers linked to standard benchmarks, there is no immediate reason for concern. The following rates remain unchanged:

MCLR: No revision.
Repo Linked Rates: UCO Float stays at 8.05%; UCO Prime at 5.25%.
Base Rate: Fixed at 9.60%.
BPLR: Remains at 14.25%.

Expert Take: By keeping the Repo Linked Rate (RLLR) and MCLR steady, UCO Bank is balancing its margins while shielding a large portion of its retail portfolio from immediate rate shocks.

Impact Analysis for Borrowers

TBLR-Linked Loans: If your business or personal loan is tied to the 12-month TBLR, expect a 0.10% increase in your annual interest rate.
G-Sec Linked Loans: These will see a slightly sharper adjustment, particularly for those tied to the 1-year yield which saw a 20 bps hike.
MCLR/Repo Borrowers: No action is required; your EMIs remain the same for now.

Investor Information

UCO Bank’s stock performance may reflect these margin adjustments in upcoming sessions.

NSE: UCOBANK
BSE: 532505

Customer Advisory: Borrowers are encouraged to log in to their UCO Bank Net Banking portal or visit their local branch to see how these specific benchmark changes affect their individual loan schedules.