Punjab & Sind Bank revises MCLRs effective 16 October

Punjab & Sind Bank has revised the Marginal Cost of Fund based Lending Rate across different tenors with effect from 16 October 2020-

1. Overnight MCLR - 7.05%
2. One month MCLR - 7.35%
3. Three month MCLR - 7.50%
4. Six month MCLR - 7.60%
5. One Year MCLR - 7.70%

Further, the existing Base Rate and BPLR is unchanged at 9.70% and 14% respectively.

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