SBI raises EBLR and RLLR by 25 bps: vehicle-loan checks
State Bank of India raised EBLR and RLLR by 25 bps from 15 Oct 2026 and lifted select MCLR tenors. Vehicle-loan borrowers should…
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In this short
- VEHICLE LOANS SBI raises benchmark loan rates The change can affect vehicle-loan pricing when the contract is benchmark-linked.
- WHAT CHANGED EBLR and RLLR move higher +25 bps Both benchmark components rise from 15 October 2026.
- MCLR UPDATE Longer MCLR tenors rise +15 bps Three-month through three-year MCLR tenors are revised; shorter tenors stay unchanged.
- BORROWER CHECK Find your reset date The benchmark, spread and reset clause decide when an individual vehicle loan changes.
- READ THE FULL STORY Check the revised EMI See the rate, tenure and running-cost checks before budgeting a vehicle purchase.
- READ THE FULL STORY Get the full breakdown Sources, numbers and what to watch next.
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