diff --git a/cmd/bucket-replication-utils.go b/cmd/bucket-replication-utils.go
index 283862f7a..5b11eea81 100644
--- a/cmd/bucket-replication-utils.go
+++ b/cmd/bucket-replication-utils.go
@@ -797,9 +797,8 @@ func (ri ReplicateObjectInfo) ToMRFEntry() MRFReplicateEntry {
 	}
 }
 
-func getReplicationStatsPath(nodeName string) string {
-	nodeStr := strings.ReplaceAll(nodeName, ":", "_")
-	return bucketMetaPrefix + SlashSeparator + replicationDir + SlashSeparator + nodeStr + ".stats"
+func getReplicationStatsPath() string {
+	return bucketMetaPrefix + SlashSeparator + replicationDir + SlashSeparator + "replication.stats"
 }
 
 const (
diff --git a/cmd/bucket-replication.go b/cmd/bucket-replication.go
index af022c718..ccdcb437a 100644
--- a/cmd/bucket-replication.go
+++ b/cmd/bucket-replication.go
@@ -1526,6 +1526,7 @@ type ReplicationPool struct {
 	mrfWorkerKillCh chan struct{}
 	mrfReplicaCh    chan ReplicationWorkerOperation
 	mrfSaveCh       chan MRFReplicateEntry
+	mrfStopCh       chan struct{}
 	mrfWorkerSize   int
 	saveStateCh     chan struct{}
 	mrfWorkerWg     sync.WaitGroup
@@ -1582,6 +1583,7 @@ func NewReplicationPool(ctx context.Context, o ObjectLayer, opts replicationPool
 		mrfWorkerKillCh: make(chan struct{}, failedWorkers),
 		resyncer:        newresyncer(),
 		mrfSaveCh:       make(chan MRFReplicateEntry, 100000),
+		mrfStopCh:       make(chan struct{}, 1),
 		saveStateCh:     make(chan struct{}, 1),
 		ctx:             ctx,
 		objLayer:        o,
@@ -2831,6 +2833,7 @@ func (p *ReplicationPool) persistMRF() {
 			saveMRFToDisk(false)
 			mTimer.Reset(mrfTimeInterval)
 		case <-p.ctx.Done():
+			p.mrfStopCh <- struct{}{}
 			close(p.mrfSaveCh)
 			saveMRFToDisk(true)
 			return
@@ -2860,8 +2863,13 @@ func (p *ReplicationPool) queueMRFSave(entry MRFReplicateEntry) {
 	select {
 	case <-GlobalContext.Done():
 		return
-	case p.mrfSaveCh <- entry:
+	case <-p.mrfStopCh:
+		return
 	default:
+		select {
+		case p.mrfSaveCh <- entry:
+		default:
+		}
 	}
 }
 
@@ -3005,7 +3013,7 @@ func (p *ReplicationPool) loadStatsFromDisk() (rs map[string]BucketReplicationSt
 		return map[string]BucketReplicationStats{}, nil
 	}
 
-	data, err := readConfig(p.ctx, p.objLayer, getReplicationStatsPath(globalLocalNodeName))
+	data, err := readConfig(p.ctx, p.objLayer, getReplicationStatsPath())
 	if err != nil {
 		if !errors.Is(err, errConfigNotFound) {
 			return rs, nil
@@ -3048,6 +3056,8 @@ func (p *ReplicationPool) saveStatsToDisk() {
 	if !p.initialized() {
 		return
 	}
+	ctx, cancel := globalLeaderLock.GetLock(p.ctx)
+	defer cancel()
 	sTimer := time.NewTimer(replStatsSaveInterval)
 	defer sTimer.Stop()
 	for {
@@ -3059,7 +3069,7 @@ func (p *ReplicationPool) saveStatsToDisk() {
 			}
 			p.saveStats(p.ctx)
 			sTimer.Reset(replStatsSaveInterval)
-		case <-p.ctx.Done():
+		case <-ctx.Done():
 			return
 		}
 	}
@@ -3075,20 +3085,5 @@ func (p *ReplicationPool) saveStats(ctx context.Context) error {
 	if data == nil {
 		return err
 	}
-	return saveConfig(ctx, p.objLayer, getReplicationStatsPath(globalLocalNodeName), data)
-}
-
-// SaveState saves replication stats and mrf data before server restart
-func (p *ReplicationPool) SaveState(ctx context.Context) error {
-	if !p.initialized() {
-		return nil
-	}
-	go func() {
-		select {
-		case p.saveStateCh <- struct{}{}:
-		case <-p.ctx.Done():
-			return
-		}
-	}()
-	return p.saveStats(ctx)
+	return saveConfig(ctx, p.objLayer, getReplicationStatsPath(), data)
 }
diff --git a/cmd/signals.go b/cmd/signals.go
index ae58a9266..a6ba8adad 100644
--- a/cmd/signals.go
+++ b/cmd/signals.go
@@ -79,11 +79,9 @@ func handleSignals() {
 			logger.LogIf(context.Background(), err)
 			exit(stopProcess())
 		case osSignal := <-globalOSSignalCh:
-			globalReplicationPool.SaveState(context.Background())
 			logger.Info("Exiting on signal: %s", strings.ToUpper(osSignal.String()))
 			exit(stopProcess())
 		case signal := <-globalServiceSignalCh:
-			globalReplicationPool.SaveState(context.Background())
 			switch signal {
 			case serviceRestart:
 				logger.Info("Restarting on service signal")