Bank of Baroda MCLR Rates February 2024

Bank of Baroda has announced Marginal Cost of Funds Based Lending Rate (MCLR) with effect from Jan 2024 as under:-

Repo Rate: 6.50%

Bank of Baroda Marginal Cost of funds based Lending Rate (MCLR)

Tenure Rate of Interest (%)
Overnight 7.90
one month 8.20
Three Month 8.30
Six Month 8.40
One Year 8.55
Base Rate (per annum) w.e.f. 12.03.2023 9.15% p.a

BPLR for all the existing accounts is 13.45% per annum w.e.f from 12.03.2024