Bank of Baroda has announced that it will maintain its Marginal Cost of Funds Based Lending Rate (MCLR) across all tenors, effective from 12th March 2026. The MCLR for the overnight tenor remains at 7.80%, while the one-month rate is steady at 7.90%. The three-month tenor continues at 8.15%, the six-month at 8.45%, and the one-year tenor at 8.70%.
This decision ensures that the lending rates for various durations remain unchanged, providing stability for borrowers. The bank’s decision is in compliance with Regulation 30 of the SEBI (LODR) Regulations, 2015, and the updated rates will be available on the bank’s website.
Disclaimer: This article is based on a regulatory filing submitted to the National Stock Exchange of India (NSE).