Punjab National Bank (PNB) has announced that its Marginal Cost of Funds Based Lending Rates (MCLR) will remain unchanged with effect from February 1, 2026. The MCLR rates for various tenors are as follows: Overnight at 7.95%, One Month at 8.20%, Three Month at 8.40%, Six Month at 8.60%, and One Year at 8.75%. Additionally, the bank has confirmed that its existing Repo Linked Lending Rate (RLLR), which includes a BSP of 0.10%, will remain at 8.10%. The Base Rate will also remain unchanged at 9.50%. The bank has requested that these details be taken on record.
