Punjab National Bank maintains lending rates for October 2025

Punjab National Bank (PNB) has notified stock exchanges that its Marginal Cost of Funds Based Lending Rates (MCLR) will remain unchanged with effect from October 1, 2025. This decision maintains the current rates, which have been in effect since September 1, 2025.

The overnight MCLR stands at 8.00%, while the one-month MCLR is 8.25%. For longer tenors, the three-month MCLR is 8.45%, the six-month MCLR is 8.65%, the one-year MCLR is 8.80%, and the three-year MCLR is 9.10%.

Additionally, the existing Repo Linked Lending Rate (RLLR) remains at 8.35% (including a BSP of 0.10%), and the Base Rate continues at 9.50%. The announcement was signed by Bikramjit Shom, company secretary, on September 30, 2025.