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What else can I help you with?
How do you calculate prime lending rate?
Prime lending rate can be calculated by adding 300 basis points to the Federal Funds Rate, assuming you live in the U.S.
What is the PLR rate of bank for home loan?
prime lending rate
What is the current rate for commercial lending?
The current rate for commercial lending depends on the country you live in. The US Commercial Rate for MSJ Prime is currently 3.25%. Rates may also vary depending on what you're lending for(apartment, office, etc).
Is high interest rate good or bad?
That depends on whether or not you're lending or borrowing. Lending = good Borrowing = bad
What is fullform of PLR in banking sector?
Prime lending rate
What is RPLR?
Retail prime lending rate which usually the bank's lending rate for the loan
What is a base interest rate?
Floor rate of interest that is used for pricing a loan i.e. the minimum lending rate fixed by the Bank based on their cost of funds. The final pricing of the loan is done by adding various premia and the profit margin.
How do you calculate prime lending rate?
Prime lending rate can be calculated by adding 300 basis points to the Federal Funds Rate, assuming you live in the U.S.
What is the PLR rate of bank for home loan?
prime lending rate
What is the current rate for commercial lending?
The current rate for commercial lending depends on the country you live in. The US Commercial Rate for MSJ Prime is currently 3.25%. Rates may also vary depending on what you're lending for(apartment, office, etc).
How much do I have to pay back in interest if I take a loan out on my 401K?
The interest rate really depends on what the prime lending rate is. As the interest rate is the prime lending rate plus an additional percentage point or two.
What do BPLR mean?
Benchmark Prime Lending Rate
What is current prime lending rate of SBI?
14.75%
What is the minimum legal interest rate?
Interest rates change on a daily basis, so there is no legal interest rate. If you mean predatory lending then google this subject matter and speak to a professional about this situation. There is a max that a Mortgage Banker or Loan Officer can give you when it comes to interest rate quotes.
Where do I find the prime lending rate of the different banks?
You can find information on the prime lending rate at the following website...www.finaid.org/loans/prime_libor.phtml or data.worldbank.org/indicator/FR.INR.LEND
What is the simple definition of base rate?
Base rate is the rate of interest which is considered as a basis by commercial bank for their lending rate..
How is inflation controlled in the UK?
In the U.K. inflation is controlled in principle by the Bank of England Monetary Policy Committee by adjusting the minimum lending rate ('bank rate') of interest. However, at the moment (October 2008) actual interest rates are higher and 'out of synch' with MLR.
