Bank of Baroda MCLR Revised: Three-Month Rate Rises to 8.30% From August 12
Bank of Baroda raises its three-month MCLR by 10 basis points to 8.30% from August 12, while rates for four other lending tenors remain unchanged.
Bank of Baroda MCLR has been revised with effect from August 12, 2026, the public sector lender said in a BSE filing on August 10. The bank has increased its three-month Marginal Cost of Funds Based Lending Rate by 10 basis points, while retaining the rates applicable to its other four disclosed tenors.
Following the review, the three-month MCLR will rise to 8.30% from 8.20%. The overnight, one-month, six-month and one-year MCLR rates will remain unchanged.
Bank of Baroda MCLR rates by tenor
The lender disclosed the existing and revised lending benchmarks in its exchange communication. The complete tenor-wise schedule is:
| Tenor | Existing MCLR | MCLR from August 12, 2026 |
|---|---|---|
| Overnight | 7.85% | 7.85% |
| One month | 7.95% | 7.95% |
| Three months | 8.20% | 8.30% |
| Six months | 8.50% | 8.50% |
| One year | 8.75% | 8.75% |
The revision is therefore limited to the three-month tenor among the five MCLR periods listed in the filing. The overnight rate remains the lowest disclosed benchmark at 7.85%, while the one-year rate remains the highest at 8.75%.
Exchange disclosure
Bank of Baroda submitted the interest-rate review to BSE and the National Stock Exchange of India under Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The filing was signed by company secretary S Balakumar.
The bank is listed under BSE code 532134 and the NSE symbol BANKBARODA. The revised schedule will become applicable from August 12, two days after the date of the exchange communication.
Source: BSE corporate announcement.