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PSU

PUNJAB AND SIND BANK REVISES MARGINAL COST LENDING RATES

sarkarimirror

New Delhi: Punjab & Sind Bank has  revised  the Marginal Cost of Funds based lending rate(MCLR)  for  different tenors effective from 04.07.2016. The  rate for Overnight, One month and Three months tenor are 9.20% , 9.30% , and 9.45% ; Rate for Six months and One  year tenor are 9.55%  and 9.60% respectively. The Bank reviewed and kept the Base Rate unchanged at 9.75% p.a.