Loan EMIs set to increase: Canara Bank raises lending rates by 5 bps on these tenures;...

By KLF AI Desk•12 May 2026, 01:27 pm•

Quick Summary

Canara Bank has revised its lending rates. The bank increased its Marginal Cost of Funds Based Lending Rate by 5 basis points for all loan tenors. These new rates are effective from May 12, 2026. Borrowers with MCLR-linked loans may see higher EMIs.

For full detail, you can also open the original source.

Read original source

Loan EMIs set to increase: Canara Bank raises lending rates by 5 bps on these tenures;...

Quick Summary

Related Reads

IDBI Bank, SBM Bank India, South Indian Bank raise FCNR deposit rates; offer up to 7.1% returns - CNBC TV18

More on Bank News

RBI mandates 3-year cooling-off period for co-operative bank directors

Rupee makes smart gains on decline in oil prices and central bank support

RBI, Rating Firms assess Iran War risks on Indian companies

Can you get another loan if you’re already paying EMIs? Here’s the answer - The Economi...

Senior citizens FD interest rates up to 8.3%: SBI, HDFC Bank, PNB, ICICI Bank, Axis Bank and more

Latest FCNR interest rates: HDFC Bank, SBI, ICICI Bank, PNB, Central Bank of India and more

HDFC Bank Hikes Lending Rates, MCLR Increased Across Tenures - INDToday

Indian Overseas Bank raises FCNR rates, offers up to 6.5% on dollar deposits - CNBC TV18

FCNR interest rates up to 7.13%: NRIs, OCIs, POIs can earn higher returns as PNB, ICICI Bank, Axis Bank an

Can banks block your mobile in case of loan default? RBI lays down rules for restrictin...

Bengal govt orders audit into Cooperative Bank Loan 'Scam'