UCO Bank — Important, 09-04-2025: Updates

UCO Bank's Asset Liability Management Committee (ALCO) has revised its G-sec linked and repo linked rates effective from 10.04.2025. The new Marginal Cost of Funds based Lending Rate (MCLR) has been set at 8.25% for overnight loans, 8.45% for one-month tenors, 8.60% for three months, 8.90% for six months, and 9.10% for one year. Additionally, the Three-Month TBLR is adjusted to 6.45%, while the Six-Month and Twelve-Month TBLRs are both set at 6.55%. The UCO G-Sec Rate for one year is 6.57%. The revised repo-linked rates are 8.80% for UCO Float and 6.00% for UCO Prime, with the base rate remaining at 9.60% and BPLR at 14.25%. The decision reflects the bank's ongoing management of interest rates and market conditions, maintaining a proactive approach to lending rates that could impact overall borrowing costs for customers.