#1
10th January 2017, 05:25 PM
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Base Rate and BPLR of Bank of Baroda
Hi I would like to have the Base rate as well as the BPLR for the loans which are offered by Ban of Baroda?
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#2
11th January 2017, 09:00 AM
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Re: Base Rate and BPLR of Bank of Baroda
RBI obliges banks to set their own particular MCLR construct rate situated in light of their minimal cost of assets. In this way, Bank of Baroda chooses its own base rate every once in a while in view of recommended rules and recipe of RBI Take note of that the RBI does not choose the MCLR base rate of any bank Powerful first April 2016, the base construct rate is resolved situated in light of minor cost of assets and not on general cost of assets. Bank of Baroda has diverse MCLR base rates extending from 8.80% to 9.25% for various residencies Current Bank of Baroda MCLR Base Rate Last Updated twelfth Dec 2016 Tenure MCLR, Base Rate Overnight 8.80% 1 Month 8.85% 3 Month 8.95% 6 Month 9.00% 1 Year 9.05% 3 Year 9.05% 5 Year 9.25% Bank of Baroda’s Bench-mark Prime Lending Rate (BPLR) as on 17th December 2016 is 14.15%. |