News

UCO Bank revises benchmark rates effective from 08 October

08-Oct-2026 | 12:35

UCO Bank reviewed the Benchmark rates and decided for revision in rates, as detailed hereunder:?

?MCLR Tenor ?Rate of MCLR
? Overnight 7.90%?
? One month ?8.20%
? Three month ? 8.45%
? Six month ? 8.70%
? One year ? 8.80%

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Other benchmark rates:

?Benchmark Existing Rate?

?New Rate

(w.e.f.08 October 2026)

? TBLR (3 months) 5.25%? 5.30%?
? TBLR (6 months) 5.55%? ?5.70%
? TBLR (12 months) 5.70%? ? 5.95%
? UCO G-Sec Rate (1 year) 5.88%? ? 6.26%
? 10-year G-Sec Rate YTM % p.a. (annualized) par yield 7.09%? ? 7.32%
? Repo Linked Rate - UCO Float 8.05%? ? 8.30%
? Repo Linked Rate - UCO Prime 5.25%? ? 5.50%
? Base Rate 9.60%? 9.60%?
? BPLR 14.25%? 14.25%?

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The revised TBLR linked rates, G-Sec linked rates and Repo Linked Rate are effective from 08 October 2026. Other Benchmark rates viz. MCLR, Base rate and BPLR rate remain unchanged.