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Benchmark Rates

RMLR
With effect from 1st October ;2022 onwards, RMLR is 12.00%

RCLR
With effect from 1st October ;2022 onwards, RCLR is 14.00%

IMLR #
With effect from 1st October ;2022 onwards, IMLR is 11.70%

ICLR #
With effect from 1st October ;2022 onwards, ICLR is 16.90%

FRR*
With effect from 1st October ;2022 onwards, FRR is 19.60%

LFRR**
With effect from 1st October ;2022 onwards, LFRR is 23.95%

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