#1
1st April 2016, 09:21 AM
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BPLR Rate Of Corporation Bank
hii sir, I wants to get the BPLR rates for Lending of the Corporation bank will you please provide me the base rates or BPLR rates for Lending of the Corporation bank ?
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#2
1st April 2016, 09:21 AM
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Re: BPLR Rate Of Corporation Bank
Corporation Bank is a public sector banking company headquartered in Mangalore, India. The bank has pan-India presence with 8,000 functional units comprising 2200 branches, 1800+ ATMs and 3,000 branchless banking units as of 30 January 2015. About the BPLR Rate In pursuance of guidelines issued by Reserve Bank of India Banks are required to introduce Base Rate with effect from 01.07.2010. The Base rate shall replace the existing COBAR system BPLR rates : The Bank revised its Base Rate for lending from 10.65% per annum to 10.50% per annum with effect from 1st May 2012 Benchmark Prime Lending Rate, by 50 basis points, from 14.50% per annum to 15.00% per annum with effect from 1st August 2011 for more details you may contact to the Corporation bank the helpline number is as follow : Customer service: 1800 425 3555 |