External Benchmark Rate-Linked to Repo (EBR-R)

RBI Policy Repo Rate (w.ef 12.02.2024) is 10.00% p.a.

  • All new floating rate Personal or Retail Loans and floating rate loans to Micro, Small and Medium Enterprises extended by the bank will be linked to EBR-R.
  • The effective rate of interest to the borrower will be the combination of EBR-R, Credit Risk Premium and Business Strategy Premium.
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