eblr interest rate

City Union Bank has been honoured with 7 prestigious awards for FY23-24 for second year in a row at the 20th Banking Technology Conference, Expo & Citations, 2024

IBA Awards @20th Banking Technology Conference, Expo & Citations 2024

Dear Customer, Bank is not providing any mobile application (.apk file) for KYC updation through WhatsApp/SMS. Do not fall prey / victim to fraudster -CUB

Customer Awareness

इस महत्वपूर्ण समय में, द न्यू इंडियन एक्सप्रेस और दिनामणि से हर दिन ई-पेपर न्यूज़ डाउनलोड करें

ई-पेपर

CITY UNION BANK is registered with DICGC

DICGC

External Benchmark Rate (EBR) – Linked To Repo Rate

External Benchmark Lending Rate (EBLR) = Repo Rate + Spread

In terms of instruction issued by Reserve bank of India vide notification No.DBR. Dir.No.1413.03.00/2019-20 dated 4th September, 2019, all new floating rate Personal or Retail Loans and floating rate loans to Micro and Small Enterprises extended by the Bank from 01.10.2019 will be linked to an External Benchmark.
With a view to further strengthening monetary policy transmission, RBI has decided that all new floating rate loans to the Medium Enterprises extended by banks from April 01, 2020 shall be linked to the external benchmarks.
The effective rate of interest to the borrower will be the combination of EBLR, Credit Risk Premium and Business Strategy Premium.
Click here to view EBLR interest rate details