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Knowledge
Interes Rates-Loans Advances
Rate of Interest – Loans and Advances
Union Bank of India
Interest Rate of Lending based on Marginal Cost of Funds (MCLR) applicable from 11
th
September 2023 to
10
th
October 2023
Types
Propoesd MCLR
Overnight MCLR
7.90%
1 month MCLR
7.95%
3 Months MCLR
8.30%
6 Months MCLR
8.50%
1 year MCLR
8.70%
2 year MCLR
8.90%
3 year MCLR
9.05%
base rate
w.e.f. 01/07/2023
9.95%
bench prime lending rate (BPLR)
wef 01/04/2020
13.25%
EBLR (Repo Rate)
w.e.f. 11/08/2023
9.30%
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