PNB Revises MCLR Rates Effective July 2026

Date: 30.06.2026

Interest Rate Review

Punjab National Bank has revised its Marginal Cost of Funds Based Lending Rates (MCLR) with effect from 01.07.2026. The new MCLR rates are as follows:

• Overnight: 7.95% (previous: 8.00%)
• One Month: 8.20% (previous: 8.25%)
• Three Month: 8.40% (previous: 8.45%)
• Six Month: 8.60% (previous: 8.65%)
• One year: 8.75% (previous: 8.80%)
• Three years: 9.05% (previous: 9.10%)

The Repo Linked Lending Rate (RLLR) remains unchanged at 8.10% (including Benchmark Prime Lending Rate spread of 0.35%).

The Base Rate also remains unchanged at 9.50%.

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