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Repo Linked Lending Rate (RLLR) for Housing Loan and Car Loan.


Retail Lending is a thrust area of Bank. To make our Retail products more attractive and customer friendly as well as to remain competitive in the market, Bank has introduced the concept of Linking the rate of interest on Housing Loan and Car Loan to external Bench Mark i.e., Repo Rate from 1st September 2019.


Repo Linked Lending Rate is a better tool for effective transmission of policy rates and will be beneficial to the customers availing Housing Loan & Car loan of our bank.


At present, Repo Linked Lending Rate (RLLR) is fixed at 7.70%.


Rate of Interest under RLLR applicable for fresh housing loan sanctioned effective from 01.09.2019 are as follows :-


The Rate of Interest (RoI) for Housing Loan and United Car Loan linked to RLLR will be as furnished below.


Rate of Interest under EBLR applicable for fresh housing loan sanctioned effective from 01.11.2019 are as follows:-

Loan Limit

LTV (%)

Rate of Interest

Up to Rs. 30 lakh

≤ 80

EBLR+15 bps ie 8.00%

> 80 and ≤ 90

EBLR+30 bps ie 8.15%

Above Rs 30 lakh and upto Rs. 75 lakh

≤ 80

EBLR+15 bps ie 8.00%

Above Rs. 75 lakh

≤ 75

EBLR+30 bps ie 8.15%

United Platinum Housing Loan Scheme – RLLR + 45bps i.e. 8.15% at present irrespective of amount of the loan.


Car Loan RoI linked to RLLR:

Salaried Persons

Non Salaried Persons

RLLR+100bps i.e. 8.70% at present

RLLR+115 bps i.e. 8.85% at present

All other terms & conditions of United Housing Loan Scheme, United Platinum Housing Loan scheme and United Car Loan scheme shall remain unchanged.


Rate of Interest under RLLR is applicable only for fresh housing and car loan sanctioned effective from 01.09.2019.


The interest table code for RLLR will be REPTL for Term Loan & REPCC for ODUHL accounts under above mentioned schemes.


The spread fixed at the time of sanction will remain fixed for the entire tenor of the loan. The RLLR will be floating in nature and will change with change in repo rate by RBI. The RoI of Housing loan & Car loan borrowal accounts under RLLR will be changed with change in Repo rate, on the 1st day of the following month.


Borrowers will have the option to avail housing / car loan linked either with RLLR or MCLR, at the time of applying for the loan. Field functionaries are advised to obtain option from the applicant borrower for availing Housing / Car loan at RLLR / MCLR. In case option is not exercised, the default option would be the rate of interest linked to MCLR.


All concerned are advised to take note of the above and act accordingly.

Quantum of Loan

Nature of Applicant

Location of House / Flat/ Property





For all Categories of Borrowers

Max upto 300 Lac

Max upto 100 Lac

Max upto 45 Lac

Max upto 25 Lac

You have a wide range of choice of deposits through as many as 10 different schemes offered by UBI. You may select them according to your best suited mode of meeting.