UCO Bank keeps MCLR unchanged across tenures
This story was originally published at 14:22 IST on 10 April 2026
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MUMBAI – UCO Bank has kept its marginal cost of funds-based lending rates unchanged across tenures, the lender said in an exchange filing Friday. The bank's MCLR ranges from 7.90% to 8.75% for overnight to one-year tenures.
The Reserve Bank of India's norms require banks to review MCLR every month. The RBI's Monetary Policy Committee Wednesday left the repo rate unchanged at 5.25%.
UCO bank has increased its Treasury bill-linked lending rate for the three-month tenure to 5.35% from 5.30%. It also raised the UCO government bond-linked rate for one-year tenure to 5.72% from 5.58%, and the benchmark 10-year gilt-linked rate to 7.24% from 6.83%, all effective from Friday.
For the December quarter, the bank had reported a net profit of INR 7.40 billion on total income of INR 75.21 billion. At 1348 IST, shares of the bank traded at INR 26.22, up 2.06%, on the National Stock Exchange. End
UCO Bank's marginal cost of funds-based lending rates for various tenures are as follows:
| MCLR Tenor | MCLR (%) |
| Overnight | 7.90% |
| One month | 8.15% |
| Three month | 8.40% |
| Six month | 8.65% |
| One year | 8.75% |
End
Reported by Meera Nair
Edited by Tanima Banerjee
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