PNB NSE filing

PNB Keeps MCLR and RLLR Unchanged from June 1, 2026

The RealCase readLow impact Neutral

Punjab National Bank (PNB) announced that its Marginal Cost of Funds Based Lending Rates (MCLR) will remain unchanged from June 1, 2026. Rates for tenors from Overnight to Three Years will stay the same. The Repo Linked Lending Rate (RLLR) at 8.10% and Base Rate at 9.50% also remain unchanged.

Why it matters

Interest rate changes are common for banks and this particular announcement indicates no change, suggesting a neutral impact on the bank's operations and financial performance.

The market read

The announcement is a routine update on interest rates and does not contain any significant positive or negative news for the bank.

Punjab National Bank (PNB) has announced that its Marginal Cost of Funds Based Lending Rates (MCLR) will remain unchanged with effect from June 1, 2026. The existing MCLR rates for various tenors are as follows: Overnight at 7.95%, One Month at 8.20%, Three Month at 8.40%, Six Month at 8.60%, and One Year at 8.75%.

The MCLR for the Three Year tenor will also remain unchanged at 9.05%.

Furthermore, the bank has stated that its existing Repo Linked Lending Rate (RLLR), which includes a BSP of 0.10%, will continue at 8.10%. The Base Rate will also remain unchanged at 9.50%.

This decision indicates a stable interest rate environment for PNB's lending products in the immediate future.

Filing to action

What to do with a filing like this

Punjab National Bank filed this with the NSE as a statutory disclosure, categorised under interest rates. It is a primary document, not a recommendation, and the desk marks it low impact, the band that almost never moves a portfolio on its own.

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Primary source

A plain-language summary of a public exchange filing by Punjab National Bank. Read the original for the full detail.

View original filing