The bank also revised its deposit rates by upto 0.5 per cent across various maturities, it said in a press release issued here today.
With this, all PLR related lending rates will go up with immediate effect, the bank said.
Similarly, the bank also revised its Retail prime lending rate from 9.25 per cent to 9.5 per cent, which will cause a corresponding hike in BoR's floating home loan rates under 'Apna Ghar Scheme' with effect from July 1.
Following this, interest rate of home loans upto Rs 20 lakhs in five year maturity now stands at 12 per cent as against the existing 11.75 per cent.
For loans upto Rs 30 lakhs in the same maturity, the revised rate is 11 per cent (10.75 per cent), the bank said.
