Repo Linked Lending Rate revised to 8.50% from 8.25%

Repo Linked Lending Rate (RLLR) of the Bank is being revised.

Wed 7 Oct 2026

Existing RLLR

8.25%

Revised RLLR

8.50%

Effective Date

08.10.2026

What has been announced

The bank's Repo Linked Lending Rate (RLLR) will be revised with effect from 08.10.2026. The existing RLLR is 8.25% and the revised RLLR is 8.50%.

What RLLR means

RLLR stands for Repo Linked Lending Rate. It is a benchmark that banks use to price certain floating-rate loans. For such loans, the interest rate the borrower pays is usually the benchmark plus a fixed spread decided at the time of sanction.

When the benchmark itself is revised, the rate on loans linked to it also changes by the same extent, at the time the loan agreement provides for it.

What changes in this update

• Existing RLLR: 8.25%
• Revised RLLR: 8.50%
• The revision takes effect from 08.10.2026

What it means for borrowers

For a borrower whose loan is linked to RLLR, the applicable interest rate is set off this benchmark. A higher benchmark means a higher rate on that loan, and therefore a higher interest outgo, subject to the terms of the individual loan.

What it means for the bank

A higher lending rate on RLLR-linked loans means more interest is charged on that portion of the book, if everything else stays the same. How this flows through to the bank's overall interest income and margins over a period depends on the mix of loans and deposits, which this update does not cover.

The one-line takeaway

The bank has raised the benchmark it uses to price certain floating-rate loans from 8.25% to 8.50%, effective 08.10.2026.

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