EBLR’ definition
EBLR’ means EBLR refers to pricing of rupee based Loans on “External Benchmark based Lending Rate”. Basis Loan tenure, Bank would be charging applicable EBLR + corresponding tenor premium and apply over and above that, a margin representing Credit Risk Premium and Business Strategy Spread (if the Loan is sanctioned on the basis of EBLR Rate). This reference rate is subject to change on the basis of the statutory guidelines announced by the Regulatory Authority and policies of the Bank from time to time and as may be applicable at the relevant point of time. “Moratorium Period” means the period between the first disbursement and the final disbursement and before the commencement of EMI. The tenure of the Loan includes the moratorium period.
EBLR’ means the EBLR (External Benchmark Linked Rate)/ RBLR BL (Revised Benchmark Linked Rate Business Loan) as fixed by DCB Bank.