Punjab National Bank revises MCLRs effective 01 August

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

Overnight- 6.80%
One month - 6.80%
Three month - 6.95%
Six month - 7.15%
One year - 7.35%
Three years - 7.60%

There is no change in Base rate (Presently 8.90%) & RLLR (Presently 6.65%).

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