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Punjab National Bank revises MCLR and Base Rate

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Capital Market
Last Updated : Jul 01 2022 | 12:04 PM IST

with effect from 01 July 2022

Punjab National Bank has revised the Marginal Cost of Funds based Lending Rates and Base Rate with effect from 1 July 2022 as under:

MCLR
Overnight - 6.90%
One month - 6.95%
Three month - 7.05%
Six month - 7.25%
One year - 7.55%
Three years - 7.85%

The Base Rate has been revised from 8.50% to 8.75% with effect from 01 July 2022.

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First Published: Jul 01 2022 | 11:23 AM IST

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