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Benchmark Rates
Rates
RMLR
With effect from 17th February;2023 onwards, RMLR is 12.60%
RCLR
With effect from 17th February;2023 onwards, RCLR is 14.60%
IMLR #
With effect from 17th February;2023 onwards, IMLR is 12.45%
ICLR #
With effect from 17th February;2023 onwards, ICLR is 17.90%
IMLR #
With effect from 17th February;2023 onwards, IMLR is 12.45%
FRR*
With effect from 17th February;2023 onwards, FRR is 20.35%
LFRR**
With effect from 17th February;2023 onwards, LFRR is 24.95%
*PLR***
Prime Lending Rate (PLR) is 24.40% applicable with effect from 10th May;2022.
Note :
# (Company has since discontinued from Aug 2021 sanctioning of fresh Loans quoting the benchmark IMLR & ICLR. This rate is only applicable to old loans sanctioned at IMLR & ICLR respectively)
*(Company has since discontinued from January 2017 sanctioning of fresh Loans quoting the benchmark FRR. This rate is only applicable to old loans sanctioned at FRR)
**(Company has since discontinued from February 2018 sanctioning of fresh Loans quoting the benchmark LFRR. This rate is only applicable to old loans sanctioned at LFRR)
***(Company has since discontinued from August 2011 sanctioning of fresh Housing Loans quoting the benchmark PLR. This rate is only applicable to old loans sanctioned at PLR)
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