Baroda Repo Based Lending Rate changed w.e.f. 08.10.2026: BRLLR 7.90% to 8.15%

Bank of Baroda has changed its Baroda Repo Based Lending Rate (BRLLR) with effect from 08.10.2026.

Wed 7 Oct 2026

Effective BRLLR

7.90% ➡️ 8.15%, a change of (+) 25 bps

Repo Rate

5.25% ➡️ 5.50%, a change of (+) 25 bps

Mark up

2.65% ➡️ 2.65% — No Change

What the update says

• Bank of Baroda has changed its Baroda Repo Based Lending Rate (BRLLR) with effect from 08.10.2026.
• The change is (+) 25 bps at the level of the Effective BRLLR.

Component-wise change

• Repo Rate: 5.25% (w.e.f. 06.12.2025) to 5.50% (w.e.f. 08.10.2026), a change of (+) 25 bps
• Mark up: 2.65% to 2.65% — No Change
• Effective BRLLR: 7.90% to 8.15%, a change of (+) 25 bps

How to read these numbers

BRLLR is a lending rate benchmark built on two parts. The first is the Repo Rate, which is the rate at which banks borrow short-term funds from the central bank against government securities. The second is the Mark up, which is the bank's own add-on over that Repo Rate.

Effective BRLLR = Repo Rate + Mark up. Here, 5.50% + 2.65% = 8.15%, matching the Effective BRLLR stated in the update.

Why the rate moved

The entire change comes from the Repo Rate component, which went up by 25 bps. The Mark up is unchanged at 2.65%, so the Effective BRLLR has moved up by exactly the same 25 bps as the Repo Rate.

One basis point (bps) is one-hundredth of a percentage point, so 25 bps equals 0.25 percentage points.

What it can mean

• BRLLR is a benchmark the bank uses for pricing. Loans whose rate is linked to this benchmark would carry a rate that is now 25 bps higher, with effect from 08.10.2026.
• For a borrower, a higher benchmark rate on a linked loan means a higher interest rate on that loan, unless the loan terms say otherwise.
• The Mark up being unchanged means the bank's own spread over the Repo Rate has stayed the same in this revision.

Points to note

• The change is stated as effective from 08.10.2026, and the comparison is with the earlier rate position as on 06.12.2025.
• The update covers only the BRLLR revision; the Repo Rate, Mark up and Effective BRLLR figures are the only rates shown in it.

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