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Benchmark Rates
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 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)