#1
June 21st, 2016, 10:55 AM
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Union Bank of India Latest Base Rate
Hello, I want to know the details of the latest base rates offered by the Union Bank of India. Please provide me.
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#2
June 21st, 2016, 10:56 AM
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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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