PNB Maintains MCLR and RLLR Unchanged Effective January 1, 2026
Punjab National Bank (PNB) has announced that its Marginal Cost of Funds Based Lending Rates (MCLR) will remain unchanged with effect from January 1, 2026. The MCLR for Overnight tenor will be 7.95%, ...
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Why is Punjab National Bank in the news today?
Punjab National Bank (PNB) is in the news due to the announcement states that interest rates will remain unchanged, which is a neutral development for the bank and its customers.
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PNB Maintains MCLR and RLLR Unchanged Effective January 1, 2026
December 31, 2025, 01:00 PM
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Punjab National Bank (PNB) has announced that its Marginal Cost of Funds Based Lending Rates (MCLR) will remain unchanged with effect from January 1, 2026. The MCLR for Overnight tenor will be 7.95%, for One Month it will be 8.20%, for Three Months 8.40%, for Six Months 8.60%, for One Year 8.75%, and for Three Years 9.05%.
Furthermore, the bank's existing Repo Linked Lending Rate (RLLR) of 8.10% (including BSP of 0.10%) and Base Rate of 9.50% will also remain unchanged. The bank has requested that these rates be taken on record.
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