UCO Bank Revises Select Benchmark Rates, Keeps MCLR Unchanged
Kolkata, September 7, 2026: UCO Bank has revised certain benchmark lending rates following a review by its Asset Liability Management Committee (ALCO), with the changes effective September 7, 2026.
The bank has kept all MCLR rates unchanged. The overnight MCLR remains 7.90%, while the one-month, three-month, six-month and one-year MCLR stand at 8.20%, 8.45%, 8.70% and 8.80%, respectively.
Among other benchmark rates, the 6-month TBLR has increased from 5.50% to 5.55%, while the 12-month TBLR has moved from 5.65% to 5.70%.
The 1-year UCO G-Sec rate has been revised from 5.80% to 5.88%, while the 10-year G-Sec rate (YTM, annualized) has increased from 6.96% to 7.09%.
Other rates, including the 3-month TBLR, Repo Linked Rates, Base Rate and BPLR, remain unchanged.
Key Highlights
|
Benchmark Rate |
New Rate |
Change |
|---|---|---|
|
Overnight MCLR |
7.90% |
No change |
|
1-month MCLR |
8.20% |
No change |
|
3-month MCLR |
8.45% |
No change |
|
6-month MCLR |
8.70% |
No change |
|
1-year MCLR |
8.80% |
No change |
|
6-month TBLR |
5.55% |
↑ from 5.50% |
|
12-month TBLR |
5.70% |
↑ from 5.65% |
|
1-year UCO G-Sec Rate |
5.88% |
↑ from 5.80% |
|
10-year G-Sec Rate (YTM) |
7.09% |
↑ from 6.96% |
|
UCO Float Repo Linked Rate |
8.05% |
No change |
|
UCO Prime Repo Linked Rate |
5.25% |
No change |
|
Base Rate |
9.60% |
No change |
|
BPLR |
14.25% |
No change |
The revised 6-month and 12-month TBLR-linked rates and G-Sec-linked rates are effective from September 7, 2026.