PNBHFR definition

PNBHFR means the applicable reference rate of interest as on the reset date and reset time frequency as decided by PNBHFL from time to time based on the customer and product type, prevailing market conditions and guidelines of any statutory authority and/or as per the internal policy of PNBHFL. Any change in PNBHFR shall be notified by PNBHFL through its website or account statements or its branches or any such medium as PNBHFL may consider appropriate.
PNBHFR means the rate which may be applicable rate of Interest as on reset date and reset time frequency as decided by PNBHFL from time to time based on prevailing market conditions and guidelines of any statutory authority and/or as per the internal policy of
PNBHFR means the rate of interest as on Reset Date based on the Reset Frequency as decided by PNBHFL from time to time based on the customer and product type, prevailing market conditions and guidelines of any statutory authority and/or as per the internal policy of PNBHFL and any change in PNBHFR shall be notified by PNBHFL through its website or account statements or its branches or such other medium as PNBHFL may consider appropriate. PNBHFL may have different PNBHFR based on the category of the customer and the product type;

Examples of PNBHFR in a sentence

  • PNBHFL shall have the right and sole discretion to revise the EMIs or to revise repayment period or both consequent upon change/revision in interest rate and/or in PNBHFR and accordingly fresh set of Post Dated Cheques (“PDCs”) shall be deposited and/or irrevocable NACH mandate shall be given by the Borrower(s) suo motu for revised EMIs.