• SENSEX
    NIFTY 50
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.
PLR, Base Rate, MCLR and now RLLR—repo rate-linked lending rate: Here's what you should do for your EMI
primo org
Have you signed up for Primo, our daily newsletter?
It has all the stories and data on the market, business, economy and tech that you need to know.
cnbc two logos
To keep watching CNBC-TV18, India's No. 1 English Business News Channel, call your Cable or DTH Operator and subscribe now for just Rs. 4 per month. You can also subscribe to CNBC-TV18 Prime HD for Re 1/- per month.Find out more

You May Also Like

Live TV