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Reliance Capital Interest Rates
Home Loan Interest Rates 10.00% * Floating Detail
  • Reliance Capital decides its own PLR from time to time
  • The RBI or NHB do not mandate or decide the PLR of any NBFC or HFC. Since NBFC’s typically have a higher cost of raising funds and higher cost of operations than those of banks, mostly they tend to offer loans at higher interest rates compared to banks
  • Sometimes, NBFC’s may have different benchmark PLR’s by customer segment and by product. E.g., an NBFC may have one PLR for retail and another one for corporate
  • When pricing a loan, Reliance Capital typically offers a discount to the PLR to arrive at its lending rate

Reliance Capital PLR Vs.RBI

  • RBI/ NHB require each NBFC/ HFC to set their own PLR rate based on their cost of funds. So, Reliance Capital decides its own base rate from time to time based
  • Note that the RBI/ NHB does not decide the PLR rate

Changes in PLR of Reliance Capital

  • PLR rate can be revised by Reliance Capital periodically in line with changes in interest rates in the market

Reliance Capital home loan interest rate and PLR

  • Every floating rate loan sanctioned by Reliance Capital is benchmarked to its PLR rate
  • The applicable rate of interest on a floating rate loan will consist of two parts – the applicable PLR and a spread or margin (which is typically negative in case of NBFC’s and HFC’s)
  • Your loan from Reliance Capital will be repriced periodically depending upon change in PLR. So, a home loan from Reliance Capital will be repriced every time the PLR of Reliance Capital changes. Say, you take a loan at PLR minus 6.75% spread when the PLR is 16.25%. This loan will initially be priced at 9.50%. Whenever Reliance Capital changes in PLR rate, the applicable rate of interest will change correspondingly.

Past trend of Reliance Capital PLR vs RBI Repo Rate

Date RBI Rates Bank Rates
02nd Aug 17 0.25%
08th Jun 17 0%
06th Apr 17 0%
08th Feb 17 0%
07th Dec 16 0%
04th Oct 16 0.25%
05th Apr 16 0.25%
01st Nov 15 18.00% 0.25%
29th Sep 15 0.5%
02nd Jun 15 0.25%
04th Mar 15 0.25%
15th Jan 15 0.25%
28th Jan 14 0.25%
18th Dec 13 0%
29th Oct 13 0.25%
20th Sep 13 0.25%
03rd May 13 0.25%
19th Mar 13 0.25%
29th Jan 13 0.25%
17th Apr 12 0.5%
01st Dec 11 18.25%
25th Oct 11 0.25%
16th Sep 11 0.25%
26th Jul 11 0.5%
16th Jun 11 0.25%
03rd May 11 0.5%
17th Mar 11 0.25%
25th Jan 11 0.25%
02nd Nov 10 0.25%
16th Sep 10 0.25%
27th Jul 10 0.25%
02nd Jul 10 0.25%

Reliance Capital PLR Vs. RBI Repo Rate Trend

About Reliance Capital

  • Reliance Capital's registered office is located at H Block,1st Floor,?.
  • Reliance Capital's management is led by its CEO Mr. Sam Ghosh.
  • Its current PLR is 18.00%, which was last revised on 01st Nov 15.
Reliance Capital Base Rate, PLR
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