Price Update7 Oct 2026, 07:20 pm
Indian Overseas Bank Revises EBLR to 8.35% w.e.f. 08.10.2026
AI Summary
Indian Overseas Bank has announced a revision in its External Benchmark Lending Rate (EBLR). Effective October 8, 2026, the Repo Linked Lending Rate (RLLR) will be updated from 8.10% to 8.35%. This change will remain in effect until further review by the bank. The revision is a standard operational update for the bank's lending practices.
Key Highlights
- EBLR revised to 8.35% effective October 8, 2026.
- Repo Linked Lending Rate (RLLR) is the benchmark affected.
- Existing RLLR was 8.10%.
- The revised rate is subject to further review.
Price Impact
More from IOB