Loan

EBLR

Also known as: External Benchmark Lending Rate

External Benchmark Lending Rate - Loan rates linked to an external benchmark like repo or T-bill.

Detailed Explanation

EBLR (External Benchmark Lending Rate) is a loan pricing framework where your interest rate tracks an external benchmark such as the RBI repo rate, 3-month T-bill, or other specified indices. Your final rate is benchmark plus a spread that reflects borrower risk. EBLR improves transparency and speeds up rate transmission compared to legacy internal benchmarks.

Related Calculators

Loan EMI Calculator

loans

Calculate loan EMI, total interest, and view amortization schedule for all types of loans

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Related Terms

RLLR

Repo Linked Lending Rate - External benchmark for loan interest rates linked to RBI repo rate.

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MCLR

Marginal Cost of Funds based Lending Rate - Internal benchmark used by banks for loan pricing.

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