Canara Bank announced revision in the Marginal Cost of Funds Based Lending Rate (MCLR) of the bank with effect from 12 December 2024 as under:
| MCLR Tenor |
Revised Rate |
| Overnight MCLR |
8.35% |
|
One month MCLR |
8.45% |
| Three month MCLR |
8.55% |
|
Six month MCLR |
8.90% |
| One year MCLR |
9.10% |
| Two year MCLR |
9.35% |
| Three year MCLR |
9.45% |