Stability Reigns: Bank of Baroda Maintains MCLR

Bank of Baroda has left its Marginal Cost of Funds Based Lending Rate (MCLR) unchanged for all tenors, as of March 12, 2025. The one-year MCLR stays at 9%. This step provides stability to the cost of borrowing for old and new customers alike. The rates are also in line with regulatory guidelines, ensuring predictability in the credit environment. All other tenors also stay unaltered at 8.15% (overnight rate) and 8.80% (six-month rate).

 

Source: Business Upturn