Your rate stack
What this bank charges, and what it pays back.
01 · RBI
Repo rate
5.25%
Where the bank funds itself overnight
02 · Punjab National Bank
EBLR
8.10%
+285 bps over repo
1Y MCLR
8.75%
+350 bps over repo
Most retail home loans sit on EBLR; older / corporate loans on MCLR
03 · Deposits
FD coverage
—
We don't yet track FD rates for Punjab National Bank.
MCLR term structure
Rate by reset tenor.
6 tenors
Overnight
7.95
%
1-month
8.20
%
3-month
8.40
%
6-month
8.60
%
1-year
8.75
%
2-year
—
not reported
3-year
9.05
%
MCLR loans reset at the chosen tenor. A 1-year MCLR loan recalculates once a year; an overnight MCLR loan recalculates every business day. Most retail loans pick the 1-year MCLR.
Vs the sovereign curve
Punjab National Bank MCLR against same-tenor G-Sec yields.
Compare the cost of a term loan from Punjab National Bank against what a comparable corporate bond would price at: G-Sec yield plus a credit spread of roughly 75–150 bps for AAA names.
- 3-month+313 bpsMCLR8.40%G-Sec5.27%
- 6-month+316 bpsMCLR8.60%G-Sec5.44%
- 1-year+289 bpsMCLR8.75%G-Sec5.86%
- 3-year+266 bpsMCLR9.05%G-Sec6.39%
Punjab National Bank MCLR · G-Sec from RBI curve · as of 11 May 2026
Closest peers by EBLR
