Bank of Maharashtra hikes MCLR and Repo Linked Lending Rate

11 May 2022 , 01:31 AM

Bank of Maharashtra has revised the Marginal Cost of Funds Based Lending Rate MCLR with effect from 7 May 2022 as under Overnight – 685Percentage One month – 695Percentage Three month – 725Percentage Six month – 730Percentage One year – 740Percentage Further Repo Linked Lending Rate is revised from 680Percentage to 720Percentage pa with effect from 07 May 2022