PUNJAB NATIONAL BANK REVISES MARGINAL COST OF FUNDS BASED LENDING RATE
Marginal Cost of Funds Based Lending Rate (MCLR)
PUNJAB NATIONAL BANK has revised Marginal Cost of Funds Based Lending Rate (MCLR) with effect from 01.08.2016 as under:-
| TENOR | Existing | Revised w.e.f. 01.08.16 |
| Overnight | 9.15 | 9.10 |
| One month | 9.20 | 9.15 |
| Three month | 9.30 | 9.25 |
| Six month | 9.35 | 9.30 |
| One year | 9.40 | 9.35 |
| Three years | 9.55 | 9.50 |
| Five years | 9.70 | 9.65 |
