Punjab National Bank revises MCLR and Base Rate

with effect from 01 July 2022

Punjab National Bank has revised the Marginal Cost of Funds based Lending Rates and Base Rate with effect from 1 July 2022 as under:

MCLR
Overnight - 6.90%
One month - 6.95%
Three month - 7.05%
Six month - 7.25%
One year - 7.55%
Three years - 7.85%

The Base Rate has been revised from 8.50% to 8.75% with effect from 01 July 2022.

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