Punjab National Bank Maintains MCLR Rates Unchanged Effective March 1, 2026
Published on: Feb. 27, 2026, 9 p.m. | Source: scanx.trade
Punjab National Bank has decided to keep all MCLR rates unchanged effective March 1, 2026, with rates ranging from 7.95% for overnight tenor to 9.05% for three-year tenor. The one-year MCLR remains at 8.75%, while RLLR stays at 8.10% and Base Rate at 9.50%. This decision was communicated to stock exchanges on February 27, 2026, reflecting the bank's assessment of current funding costs and market conditions.
