NHB Revision of Prime Lending Rate effective

Jun 02, 2026 | by TeamLease RegTech Legal Research Team

Free Legal updates for the week 00

Secretarial Compliance The National Housing Bank (NHB), on May 25, 2026, announced a revision in its Prime Lending Rate (PLR). The revised rate has been made effective from May 23, 2026.

Under the notification, the Bank's Prime Lending Rate has been fixed at 7.75%, replacing the previously applicable rate. The PLR serves as a benchmark lending rate for various financial and lending-related purposes.

The revised PLR of 7.75% will apply with effect from May 23, 2026, and will be relevant for transactions, lending arrangements, and other applications linked to the Bank's benchmark rate.

View Document 1