Punjab National Bank reduces MCLR rates

With effect from 01 January 2017
Punjab National Bank has reduced the Marginal Cost of Funds Based Lending Rate (MCLR) with effect from 01 January 2017 as under -
Overnight - 8.20%
One month - 8.25%
Three months - 8.35%
Six months - 8.40%
One year - 8.45%
Three years - 8.60%
Five years - 8.75%
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First Published: Jan 02 2017 | 9:04 AM IST
