Bank of Baroda has reduced its One Year MCLR Base Rate or the minimum lending rate by 0.05%, or 05 basis points with effect from Wednesday, December 11, 2019. Bank of Baroda has revised its One Year MCLR Base Rate from 8.30 percent to 8.25 percent per annum.
New Delhi (Delhi, India), February 05, 2020
The Bank of Baroda (BOB) has reduced its benchmark MCLR (Marginal Cost of Funds based Lending Rate) Base Rate for new loans by 0.05 percent, or 05 basis points (BPS) with effect from Wednesday, December 11, 2019.
Bank of Baroda has revised its One Year MCLR Base Rate or the minimum lending rate from 8.30 percent to 8.25 percent per annum.
Bank of Baroda’s new MCLR Base Rate will be applicable for all new loans and the existing loans that may come up for renewal.
Bank of Baroda applies the interest rates on all new loans and advances with reference to MCLR based rates from April 01, 2016 onwards.
The Reserve Bank of India (RBI) has asked all banks to set at least five MCLR based benchmark lending rates – Overnight MCLR, One Month MCLR, Three Month MCLR, Six Month MCLR, and One Year MCLR. The loans linked with MCLR will be reset for a maximum of one year tenure.
Bank of Baroda’s MCLR Base Rate effective from January 12, 2020 is:
Overnight MCLR: 7.65%
One Month MCLR: 7.60%
Three Month MCLR: 7.80%
Six Month MCLR: 8.10%
One Year MCLR: 8.25%
Bank of Baroda’s MCLR Base Rate effective from December 11, 2019 was:
Overnight MCLR: 7.65%
One Month MCLR: 7.65%
Three Month MCLR: 7.80%
Six Month MCLR: 8.10%
One Year MCLR: 8.25%
Bank of Baroda’s MCLR Base Rate effective from November 07, 2019 was:
Overnight MCLR: 7.85%
One Month MCLR: 7.85%
Three Month MCLR: 7.90%
Six Month MCLR: 8.20%
One Year MCLR: 8.30%
Bank of Baroda’s MCLR Base Rate effective from October 07, 2019 was:
Overnight MCLR: 7.95%
One Month MCLR: 8.05%
Three Month MCLR: 8.15%
Six Month MCLR: 8.30%
One Year MCLR: 8.35%
Bank of Baroda’s MCLR Base Rate effective from September 07, 2019 was:
Overnight MCLR: 8.00%
One Month MCLR: 8.10%
Three Month MCLR: 8.20%
Six Month MCLR: 8.35%
One Year MCLR: 8.40%
Bank of Baroda’s MCLR Base Rate effective from August 07, 2019 was:
Overnight MCLR: 8.05%
One Month MCLR: 8.15%
Three Month MCLR: 8.25%
Six Month MCLR: 8.40%
One Year MCLR: 8.45%
Bank of Baroda’s MCLR Base Rate effective from July 07, 2019 was:
Overnight MCLR: 8.20%
One Month MCLR: 8.30%
Three Month MCLR: 8.40%
Six Month MCLR: 8.55%
One Year MCLR: 8.60%
Bank of Baroda’s MCLR Base Rate effective from June 07, 2019 was:
Overnight MCLR: 8.30%
One Month MCLR: 8.35%
Three Month MCLR: 8.45%
Six Month MCLR: 8.65%
One Year MCLR: 8.70%
Bank of Baroda’s MCLR Base Rate effective from May 07, 2019 was:
Overnight MCLR: 8.30%
One Month MCLR: 8.35%
Three Month MCLR: 8.45%
Six Month MCLR: 8.65%
One Year MCLR: 8.70%
Bank of Baroda’s MCLR Base Rate effective from April 07, 2019 was:
Overnight MCLR: 8.25%
One Month MCLR: 8.30%
Three Month MCLR: 8.40%
Six Month MCLR: 8.60%
One Year MCLR: 8.65%
Bank of Baroda’s MCLR Base Rate effective from March 07, 2019 was:
Overnight MCLR: 8.25%
One Month MCLR: 8.30%
Three Month MCLR: 8.40%
Six Month MCLR: 8.60%
One Year MCLR: 8.65%
Bank of Baroda’s MCLR Base Rate effective from February 07, 2019 was:
Overnight MCLR: 8.35%
One Month MCLR: 8.40%
Three Month MCLR: 8.50%
Six Month MCLR: 8.70%
One Year MCLR: 8.75%
Bank of Baroda’s MCLR Base Rate effective from January 07, 2019 was:
Overnight MCLR: 8.15%
One Month MCLR: 8.20%
Three Month MCLR: 8.30%
Six Month MCLR: 8.50%
One Year MCLR: 8.65%
Bank of Baroda’s MCLR Base Rate effective from December 07, 2018 was:
Overnight MCLR: 8.15%
One Month MCLR: 8.20%
Three Month MCLR: 8.30%
Six Month MCLR: 8.50%
One Year MCLR: 8.65%
Bank of Baroda’s MCLR Base Rate effective from November 07, 2018 was:
Overnight MCLR: 8.15%
One Month MCLR: 8.20%
Three Month MCLR: 8.30%
Six Month MCLR: 8.50%
One Year MCLR: 8.65%
Bank of Baroda’s MCLR Base Rate effective from October 07, 2018 was:
Overnight MCLR: 8.05%
One Month MCLR: 8.10%
Three Month MCLR: 8.20%
Six Month MCLR: 8.40%
One Year MCLR: 8.55%
Bank of Baroda’s MCLR Base Rate effective from September 07, 2018 was:
Overnight MCLR: 8.05%
One Month MCLR: 8.10%
Three Month MCLR: 8.20%
Six Month MCLR: 8.40%
One Year MCLR: 8.55%
Bank of Baroda’s MCLR Base Rate effective from August 07, 2018 was:
Overnight MCLR: 8.00%
One Month MCLR: 8.05%
Three Month MCLR: 8.15%
Six Month MCLR: 8.35%
One Year MCLR: 8.50%
Bank of Baroda’s MCLR Base Rate effective from July 07, 2018 was:
Overnight MCLR: 8.00%
One Month MCLR: 8.05%
Three Month MCLR: 8.15%
Six Month MCLR: 8.35%
One Year MCLR: 8.50%
Bank of Baroda’s MCLR Base Rate effective from June 07, 2018 was:
Overnight MCLR: 7.95%
One Month MCLR: 8.00%
Three Month MCLR: 8.10%
Six Month MCLR: 8.30%
One Year MCLR: 8.45%
Bank of Baroda’s MCLR Base Rate effective from April 07, 2018 was:
Overnight MCLR: 7.90%
One Month MCLR: 7.95%
Three Month MCLR: 8.05%
Six Month MCLR: 8.25%
One Year MCLR: 8.40%
Bank of Baroda’s MCLR Base Rate effective from February 07, 2018 was:
Overnight MCLR: 7.80%
One Month MCLR: 7.85%
Three Month MCLR: 7.95%
Six Month MCLR: 8.15%
One Year MCLR: 8.30%
Bank of Baroda’s MCLR Base Rate effective from October 07, 2017 was:
Overnight MCLR: 8.05%
One Month MCLR: 8.10%
Three Month MCLR: 8.15%
Six Month MCLR: 8.25%
One Year MCLR: 8.30%
Three Year MCLR: 8.45%
Five Year MCLR: 8.60%
Bank of Baroda’s MCLR Base Rate effective from January 01, 2017 was:
Overnight MCLR: 8.10%
One Month MCLR: 8.15%
Three Month MCLR: 8.20%
Six Month MCLR: 8.30%
One Year MCLR: 8.35%
Three Year MCLR: 8.50%
Five Year MCLR: 8.65%
Bank of Baroda’s MCLR Base Rate effective from December 07, 2016 was:
Overnight MCLR: 8.80%
One Month MCLR: 8.85%
Three Month MCLR: 8.95%
Six Month MCLR: 9.00%
One Year MCLR: 9.05%
Three Year MCLR: 9.05%
Five Year MCLR: 9.25%
Bank of Baroda’s MCLR Base Rate effective from November 07, 2016 was:
Overnight MCLR: 9.00%
One Month MCLR: 9.05%
Three Month MCLR: 9.15%
Six Month MCLR: 9.20%
One Year MCLR: 9.25%
Three Year MCLR: 9.25%
Five Year MCLR: 9.45%
Bank of Baroda’s MCLR Base Rate effective from October 07, 2016 was:
Overnight MCLR: 9.10%
One Month MCLR: 9.15%
Three Month MCLR: 9.25%
Six Month MCLR: 9.30%
One Year MCLR: 9.35%
Three Year MCLR: 9.35%
Five Year MCLR: 9.55%
Bank of Baroda’s MCLR Base Rate effective from June 07, 2016 was:
Overnight MCLR: 9.15%
One Month MCLR: 9.20%
Three Month MCLR: 9.30%
Six Month MCLR: 9.35%
One Year MCLR: 9.40%
Three Year MCLR: 9.40%
Five Year MCLR: 9.60%
Bank of Baroda’s MCLR Base Rate effective from May 07, 2016 was:
Overnight MCLR: 9.05%
One Month MCLR: 9.10%
Three Month MCLR: 9.20%
Six Month MCLR: 9.25%
One Year MCLR: 9.30%
Three Year MCLR: 9.30%
Five Year MCLR: 9.50%
Bank of Baroda’s MCLR Base Rate effective from April 01, 2016 was:
Overnight MCLR: 9.00%
One Month MCLR: 9.00%
Three Month MCLR: 9.05%
Six Month MCLR: 9.10%
One Year MCLR: 9.30%
Three Year MCLR: 9.35%
The Bank of Baroda has also lowered its Base Rate (BR) for old loans by 0.20 percent, or 20 basis points (BPS) with effect from Wednesday, January 01, 2020.
Bank of Baroda has revised its Base Rate or the minimum lending rate from 9.20 percent to 9.00 percent per annum.
Bank of Baroda decides its interest rates on all loans and advances lent until March 31, 2016 with reference to Base Rate from July 01, 2010 onwards.
January 01, 2020 Base Rate: 9.00%
October 01, 2019 Base Rate: 9.20%
January 01, 2019 Base Rate: 9.40%
October 01, 2018 Base Rate: 9.30%
July 01, 2018 Base Rate: 9.25%
October 01, 2017 Base Rate: 9.15%
July 01, 2017 Base Rate: 9.50%
July 01, 2016 Base Rate: 9.60%
October 05, 2015 Base Rate: 9.65%
July 13, 2015 Base Rate: 9.90%
May 06, 2015 Base Rate: 10.00%
February 09, 2013 Base Rate: 10.25%
May 01, 2012 Base Rate: 10.50%
August 01, 2011 Base Rate: 10.75%
July 12, 2011 Base Rate: 10.25%
May 06, 2011 Base Rate: 10.00%
February 04, 2011 Base Rate: 9.50%
December 13, 2010 Base Rate: 9.00%
October 05, 2010 Base Rate: 8.50%
July 01, 2010 Base Rate: 8.00%