Punjab National Bank retained its Marginal Cost of Funds Based Lending Rate (MCLR) across all tenors, effective from June 1, 2026. The one-year MCLR remains at 8.75%, while the Repo Linked Lending Rate stays unchanged at 8.10%. The bank also maintained its Base Rate at 9.50%, keeping borrowing costs unchanged for customers linked to MCLR, RLLR and Base Rate benchmarks.