Canara Bank retains Interest rates on loans/advances with effect from Oct 7
Bengaluru/UNI: Canara Bank, a leading Public Sector Bank, has retained its Marginal Cost of Funds Based Lending Rate (MCLR) on Loans / Advances across all tenors with effect from October 7, 2020.
Accordingly,the tenor linked MCLRs of the Bank shall be Overnight MCLR 6.95 %, One-Month 6.95 %, Three Month 7.10 %, Six-Month 7.35 and Six-Month 7.35 per cent and One Year 7.40 %, according to a press release here on Tuesday.
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