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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.
PLR, Base Rate, MCLR and now RLLR—repo rate-linked lending rate: Here's what you should do for your EMI

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