Banking
Differential Lending Rate
pronounced: [D-i-f-f-e-r-e-n-t-i-a-l- -L-e-n-d-i-n-g- -R-a-t-e]
DLR is the minimum interest rate below which banks cannot lend to any customer, set by the banks board.
It replaced the Base Rate system and is now replaced by MCLR for transparency.
Frequently Asked Questions
Last updated: 21 May 2026