Punjab National Bank lowers MCLR and sets base rate at 9.05%

With effect from 01 January 2020

Punjab National Bank has revised the Marginal Cost of Funds based Lending Rate with effect from 01 January 2020 as under -

Overnight - 7.50%
One month - 7.50%
Three month - 7.65%
Six month - 7.85%
One year - 8.05%
Three year - 8.30%

The Bank has revised the base rate from 9.25% to 9.05%.

Powered by Capital Market - Live News