Price Update30 Apr 2026, 06:43 pm
PNB Maintains MCLR and RLLR Rates Unchanged
AI Summary
Punjab National Bank (PNB) announced that its Marginal Cost of Funds Based Lending Rates (MCLR) will remain unchanged effective May 1, 2026. The overnight MCLR stands at 7.95%, three-month at 8.20%, six-month at 8.40%, one-year at 8.60%, three-year at 8.75%, and the rate above three years is 9.05%. Additionally, the Repo Linked Lending Rate (RLLR) at 8.10% (including BSP of 0.10%) and the Base Rate at 9.50% also remain unchanged.
Key Highlights
- PNB's MCLR remains unchanged effective May 1, 2026.
- Overnight MCLR is steady at 7.95%.
- Existing RLLR at 8.10% and Base Rate at 9.50% remain unchanged.
Price Impact
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