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Punjab & Sind Bank revises MCLR and Base Rate

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Capital Market

Effective from 04 July 2016

Punjab & Sind Bank announced the revision in Marginal Cost of Funds Based Lending Rate (MCLR) and Base Rate with effect from 04 July 2016.

Overnight MCLR - 9.20%
One month MCLR - 9.30%
Three month MCLR - 9.45%
Six month MCLR - 9.55%
One year MCLR - 9.60%

The Base Rate has been kept unchanged at 9.75% p.a.

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First Published: Jul 04 2016 | 7:11 PM IST

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