State Bank of Bikaner & Jaipur revises Lending Rate to 12.5%

State Bank of Bikaner & Jaipur has announced that the Bench mark Prime Lending Rate (BPLR) of the Bank has been revised from 12.00% p.a to 12.50% p.a with effect from February 21, 2007.

The increase in BPLR by the Bank will not affect the followings:

- All Existing Housing Loan upto Rs 15.00 lacs

- All Existing Educational Loans

- New Educational Loans upto Rs 4.00 lacs and

- Crop Loans upto Rs 3.00 lacs disbursed after April 01, 2006.

Source : Equity Bulls

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