11/6/2025, 8:46:02 pm

Bank of Baroda revises MCLR; effective from June 12

Bank of Baroda reduced its marginal cost of funds-based lending rates (MCLR) for various tenors, effective June 12, 2025. The one-month MCLR dropped to 8.30% from 8.35%, while the three-month and six-month MCLRs were cut to 8.50% and 8.75%, respectively. The one-year MCLR decreased to 8.90%. These changes may lower interest rates for borrowers with MCLR-linked loans.