Bank of Baroda hikes MCLR by 10-15 bps with effect from 12 Nov, EMIs to go up As per the regulatory filing, the bank's 1-year MCLR will rise to 8.05% with effect from November 12 --- up by 10 basis points -- from 7.95% currently. Also, its six-month MCLR has been increased by 10 basis points to 7.90% from the currently levied 7.80%.