BPLR Term Meaning in Real Estate - Guide

Benchmark Prime Lending Rate (BPLR) is the rate at which commercial banks charge their most credit-worthy customers

Devika Arora

6 years ago

Published Date: Apr 23, 2018

Updated Date: Mar 27, 2024

Benchmark Prime Lending Rate (BPLR) is the rate at which commercial banks charge their most credit-worthy customers. According to the Reserve Bank of India (RBI), banks can fix the BPLR with the approval of their boards.

Apart from the individual bank's policy, BPLR is also influenced by the Repo Rate and Cash Reserve Ratio (CRR).

#credit #dwello #loan #india #realestate

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