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  #1  
June 16th, 2016, 08:30 AM
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Sbbj plr

Hello sir is there any one can provide me detail for SBBJ PLR? What is PLR in SBBJ bank? Can any one provide me SBBJ PLR rates?
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  #2  
June 16th, 2016, 08:30 AM
Super Moderator
 
Join Date: Mar 2012
Re: Sbbj plr

PLR of SBBJ bank is provides rates of interest rate for loan and any other services of bank. Here I’m giving you detail of SBBJ PLR:

A- For cash credit - 0.75% below SBBJ PLR i.e. 12.00 %.
For term loan - 0.75% below SBBJ PLR i.e. 12.00 %

As per new RBI guidelines, SBBJ was announced its new MCLR base rate methodology for pricing loans effective 1st April 2016.

Loans sanctioned on or before 31st March 2016 will continue to follow the old base rate methodology.

Current MCLR base rate of SBBJ ranges from 9.15% to 9.75% depending on the reset frequency of the loan. Rates are revised every month.

Interest Rates:

Interest Rates Tenure,
Base Rate 9.70% Past Trend

Home Loan 9.7% Floating

Loan against Property 12.2% Floating

Fixed Deposit Interest Rates 30 Days - 5.50%
45 Days - 5.50%
60 Days - 5.50%
90 Days - 5.50%
120 Days - 6.50%
6 Months - 6.75%
9 Months - 6.75%
12 Months - 7.25%
18 Months - 7.25%
2 Year - 7.25%
3 Year - 7.00%
4 Year - 7.00%
5 Year - 7.00%
7 Year - 7.00%
10 Year - 7.00%


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