UCO Bank Slashes Loan Rates: Major Relief for Home, Personal Loan Borrowers!

• UCO Bank has reduced its Marginal Cost of Funds Based Lending Rate (MCLR) and Treasury Bill Linked Rate (TBLR).
• The new interest rates are effective from January 11, 2026, benefiting home, personal, and small-scale industry loan holders.
• MCLR rates decreased by 0.05% to 0.10% across various tenures; the one-year MCLR is now 8.75% from 8.80%.
• TBLR rates also saw reductions, with the three-month tenure falling from 5.40% to 5.30%, aiding entrepreneurs.
• This move aims to reduce EMI burdens, make home loans more affordable, and boost the MSME sector and real estate investments.

Why It Matters: UCO Bank's rate cuts offer significant financial relief to borrowers, stimulating economic activity.