Punjab National Bank reduces MCLR rates

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Effective 01 June 2017
Punjab National Bank has reduced Marginal Cost of Funds Based Lending Rate with effect from 01 June 2017 as under -
Overnight - 8.00%
One month - 8.10%
Three month - 8.20%
Six month - 8.30%
One year - 8.35%
Three year - 8.50%
Five year - 8.65%
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First Published: May 30 2017 | 8:06 PM IST