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  #2  
June 21st, 2016, 10:56 AM
Super Moderator
 
Join Date: Mar 2012
Re: Union Bank of India Latest Base Rate

Hello, here I m providing you the details of the latest base rates offered by the Union Bank of India as under:

Interest rates effective from 21/05/2016 (Percentage per Annum)
Period Existing Revised
< Rs. 1 Cr
7 day – 14 day 4 5.25
15 day – 30 day 4.75 5.5
31 day – 45 day 5.25 5.5
46 day – 90 day 6.5 6.5
91 day- 120 day 6.75 6.75
121 day to - 179 days 6.75 6.75
180 days 7 7
181 day to <1 Year 7.5 7.5
1 year 7.65 7.65
>1 Year - 3 Year 7.55 7.55
>3 year - 5 Year 7.5 7.5
>5 year - 10 Year 7.25 7.25

Period Existing Revised
Rs 1 Cr to Rs 10 Cr
7 day – 14 day 4 5.25
15 day – 30 day 4.5 5.5
31 day – 45 day 5 5.5
46 day – 90 day 6 6
91 day- 120 day 6.25 6.25
121 day to - 179 days 6.5 6.5
180 days 6.5 6.5
181 day to <1 Year 7.25 7.25
1 year 7.3 7.3
>1 Year - 3 Year 7 7
>3 year - 5 Year 7 7
>5 year - 10 Year 6.75 6.75

MARGINAL COST OF FUNDS BASED LENDING RATE (MCLR) WITH EFFECT FROM 1ST MAY 2016

TENOR MCLR (%)
Overnight MCLR 9.25%
One month MCLR 9.30%
Three month MCLR 9.35%
Six month MCLR 9.45%
One year MCLR 9.50%
Two year MCLR 9.55%
Three year MCLR 9.60%

Base Rate
w.e.f. 05/10/2015
9.65%

Bench Prime Lending Rate [BPLR]
w.e.f. 01/03/2016
14.25%


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