Mumbai- July 30, 2019: Union
Bank of India has reduced Marginal Cost of Funds- based Lending rate (MCLR) by
5-20 basis points across various tenors. Our bank has reduced both overnight
and one month MCLR to 8.10% from 8.25% and 8.30% respectively. Three months and
six months MCLR has been reduced by 10 bps to 8.25% and 8.35%. One year MCLR
will come down from 8.55% to 8.50%. “As a result, interest rates on all loans
linked to MCLR stand reduced by 5-20 basis points with effect from 1 August
2019”. This is the second rate cut by our bank since June 2019. “Taking a cue
from the latest measures announced by the Reserve Bank of India (RBI) and to
support growth of the economy, we have reduced lending rates by 5-20 bps across
various tenors”.
The rates
effective from 1st August, 2019 are as follows:-
|
Tenor
|
MCLR
(%)
|
|
Overnight
MCLR
|
8.10%
|
|
1
Month MCLR
|
8.10%
|
|
3
Months MCLR
|
8.25%
|
|
6
Months MCLR
|
8.35%
|
|
1
year MCLR
|
8.50%
|
We are urgently in need of Female Eggs,Kidney donors, with the sum of $500,000.00,Email: jainhospitalcare@gmail.com or healthc976@gmail.com
ReplyDeleteCongratulation for the great post. Those who come to read your Information will find lots of helpful and informative tips. Klaviyo Expert
ReplyDeleteI find this fascinating, good looking posts.
ReplyDeleteFor best astrology services contact us Best Astrologer in Madikeri