Bank of India — Important, 31-10-2024: General Updates

Bank of India has announced an update to its Marginal Cost of Fund based Lending Rate (MCLR), effective November 1, 2024. The revised rates are as follows: Overnight MCLR is set at 8.20%, 1-month at 8.40%, 3-month at 8.55%, 6-month at 8.85%, 1-year at 9.00%, and 3-year at 9.10%. The Repo Based Lending Rate remains unchanged.