Public sector lender Bank of Maharashtra has announced a rise in its lending rates by as much as 25 bps.

While the base rate of the bank has seen a 20 bps hike taking it to 10.70%, the benchmark prime lending rate (BPLR) has been given a 25bps hike to 15%.

With the benchmark rates getting a rise, all loans related to them are to get expected by atleast the respective amounts.

The new rates are to get into effect from October 01, 2011.