Benchmark Rates

RMLR
With effect from 10th May; 2022 onwards, RMLR is 10.40%

RCLR
With effect from 10th May; 2022 onwards, RCLR is 12.40%

IMLR #
With effect from 10th May; 2022 onwards, IMLR is 10.10%

ICLR #
With effect from 10th May; 2022 onwards, ICLR is 15.30%

FRR*
With effect from 10th May; 2022 onwards, FRR is 18.00%

LFRR**
With effect from 10th May; 2022 onwards, LFRR is 22.35%

*PLR***
Prime Lending Rate (PLR) is @24.40% applicable with effect from 10th May; 2022.

Note : For existing borrowers, the revision in Rates will be applicable with effect from 1st June;2022.

#(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)