PUNJAB AND SIND BANK REVISES MARGINAL COST LENDING RATES

"DELHIITES" per capita income increase by "Rs.27,392/- ",states a report by Directorate of..

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.

Author: sarkarimirror