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 |
