Benchmark Rates

RMLR
With effect from 6th August 2021 onwards, RMLR is 10.00%

RCLR
With effect from 6th August 2021 onwards, RCLR is 12.00%

IMLR #
With effect from 1st October 2018 onwards, IMLR is 9.70%

ICLR #
With effect from 1st October 2018 onwards, ICLR is 14.90%

FRR*
With effect from 1st October 2018 onwards, FRR is 17.60%

LFRR**
With effect from 1st October 2018 onwards, LFRR is 21.95%

*PLR***
Prime Lending Rate (PLR) is @24.00% applicable with effect from 1st October 2018.

#(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)