RupeeTimes' financial glossary  A-F |  G-O |  P-V |  W-Z |  1-9 |  Search by category |     Category: Definitions   Penal interest Plinth area Point Of Sale (POS) Power of attorney Pre-EMI Prime Lending Rate (PLR) Principal Processing Date Property tax Recurring Billing Refinance Charge Refinancing Repayment Repayment Holiday Repo rate Rest Reverse Mortgage Sale deed Stamp duty Statutory Liquidity Ratio (SLR) Stored-value Card Surcharge Tenure of the Loan Variable Interest Rate Prime Lending Rate (PLR) The minimum short-term interest rate charged by commercial banks to their most creditworthy clients. It is a reference interest rate used by banks for its lending purposes.