Bank of Baroda Raises MCLR By 5 Basis Points, Borrowing Costs Set To Increase From June 12

Bank of Baroda has increased its Marginal Cost of Funds Based Lending Rate (MCLR) by 5 basis points across all loan tenures, effective June 12, 2026. The revision could raise borrowing costs for customers whose loans are linked to the bank’s MCLR benchmark.