Punjab & Sind Bank revises MCLR rates

Punjab & Sind Bank revises MCLR rates

Capital Market 

With effect from 16 April 2019

& Sind Bank has reviewed the Marginal Cost of Fund Based Lending Rate (MCLR) for different tenors and the same will be effective from 16 April 2019 -

1. Overnight MCLR 8.35%
2. One month MCLR 8.45%
3. Three month MCLR 8.55%
4. Six month MCLR 8.70%
5. One Year MCLR 8.80%
6. Three Year MCLR 9.00%

Further, the Base Rate at 9.70% and BPLR at 14.00% remains unchanged.

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First Published: Tue, April 16 2019. 11:38 IST