Bengaluru, Dec 17: In line with the Reserve Bank of India’s (RBI) announcement cutting the repo rate by 25 basis points, from 5.50% to 5.25%, in the latest Monetary Policy Committee (MPC) meeting, Canara Bank has passed on the benefits and reduced its Repo Linked Lending Rate from 8.25 % to 8.00 % applicable on its loan products.
The revised lending rate took effect from 12th December 2025.
The RBLR has been reduced by 0.25% (25 basis points), directly reflecting the decrease in the RBI’s repo rate. Now customers can benefit from lower EMIs and a reduced loan tenure, depending on their loan agreement.
Canara Bank has reduced the RLLR to ensure passing on timely benefits for borrowers with a commitment to provide a better and transparent banking experience to its customers.