Bank of Maharashtra Trims 1-Year MCLR to 9.05%—Signals Easing Lending Costs

Unknown Apr 02, 2026 850 Views

Bank of Maharashtra (BoM) has revised its one-year Marginal Cost of Funds-Based Lending Rate (MCLR) to 9.05%, down from 9.10%, effective June 27, 2025. The move reflects a marginal softening in the bank’s cost of funds and could translate into lower EMIs for borrowers with MCLR-linked loans...