Punjab National Bank revises MCLR, Base Rate and Repo Linked Lending Rate

30 Sep 2022 , 06:33 PM

Punjab National Bank has revised Marginal Cost of Funds Based Lending Rate with effect from 01 October 2022 as under: Overnight – 7.10%
One month – 7.15%
Three month – 7.25%
Six month – 7.45%
One year – 7.75%
Three year – 8.05% Further, Base Rate has been revised from 8.75% to 8.80% and consequent upon increase in Repo rate by RBI, interest rate under Repo Linked Lending Rate (RLLR) will change to 8.40% from 7.90%, w.e.f. 01 October 2022.Powered by Capital Market – Live News