Punjab National Bank maintains lending rates through December 2025

Punjab National Bank (PNB) has informed stock exchanges that its Marginal Cost of Funds Based Lending Rates (MCLR) will remain unchanged effective December 1, 2025. This decision maintains existing rates across all tenors. The overnight MCLR stands at 7.95%, the one-month MCLR at 8.20%, the three-month MCLR at 8.40%, and the six-month MCLR at 8.60%. Longer-term rates are also stable, with the one-year MCLR at 8.75% and the three-year MCLR at 9.05%. These rates were previously effective from November 1, 2025.

Additionally, PNB confirmed its Repo Linked Lending Rate (RLLR) will also remain unchanged at 8.35%. This figure includes a Banking Service Premium (BSP) of 0.10%. The bank's Base Rate will similarly continue at 9.50%. This stability in key lending benchmarks suggests a consistent monetary policy stance by the bank.

The announcement, dated November 29, 2025, was issued by Bikramjit Shom, company secretary, from PNB’s head office in Dwarka, New Delhi. This ensures transparency for investors and customers regarding PNB’s lending rate structure.