Business PLR, Base Rate, MCLR and now RLLR—repo rate-linked lending rate: Here's what you should do for your EMI Updated : June 18, 2019 03:32 PM IST RLLR is a nomenclature used by SBI to define this benchmark. Moreover, the spread of 2.25% over Repo Rate is also SBI’s choice. Other banks that link to Repo may choose a spread different than 2.25%. SBI Repo Rate-Linked Home Loan will be be launched on July 1, 2019. Subscribe to Moneycontrol PRO at just Rs.33/- per month for the first year. Use code SUPERPRO. Limited period offer. Available on Web and Android.