Know about RLLR

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As on date, Repo Linked Lending Rate (RLLR): 6.65% w.e.f. 01.06.2020

Know about RLLR

Introduction of Repo Linked Lending Rate (RLLR) as the external benchmark for all floating rate loans for Retail & MSE loans effective from October 1, 2019 & Medium loans from April 1, 2020 as per RBI’s notification dated 4th Sept, 2019 & 26th Feb, 2020 respectively plus applicable spread.

The interest rate on linkage to repo rate will change upwards or downwards as the case may be, in line with movement of the Repo Linked Lending Rate (RLLR).

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