Bank of Baroda MCLR Rates February 2024
Bank of Baroda has announced Marginal Cost of Funds Based Lending Rate (MCLR) with effect from Jan 2024 as under:-
Repo Rate: 6.50%
Bank of Baroda Marginal Cost of funds based Lending Rate (MCLR)
Tenure | Rate of Interest (%) |
Overnight | 7.90 |
one month | 8.20 |
Three Month | 8.30 |
Six Month | 8.40 |
One Year | 8.55 |
Base Rate (per annum) w.e.f. 12.03.2023 | 9.15% p.a |
BPLR for all the existing accounts is 13.45% per annum w.e.f from 12.03.2024