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MCLR, HDFC Bank
HDFC Bank increases MCLR by 5 bps for two tenures. Check current rates
With the change, the HDFC Bank's MCLR interest rates are in the range of 9.10% to 9.50%, potentially impacting borrowing costs for customers.
HDFC Bank hikes MCLR by 5 basis points on 6 months, 3 year tenure
Private sector lender HDFC Bank has hiked its marginal cost of funds based lending rate (MCLR) by 5 basis points (bps) on six-month and one-year tenure to 9.45 per cent and 9.50 per cent, respectively, making loans costlier for borrowers of the bank. The lender has left MCLR on other tenures unchanged, in the range of 9.10 per cent-9.50 per cent.
HDFC Bank raises MCLR by 5 bps for select tenures, effective October 7
MCLR is the minimum interest rate a financial institution needs to charge for a specific loan. It dictates the lower limit of the interest rate for a loan
HDFC Bank hikes loan rates for some tenures by up to 5 basis points - check here
HDFC Bank has increased its marginal cost of funds-based lending rates (MCLR) by 5 basis points for certain tenures. The new rates are effective from
HDFC Bank increases loan interest rates by 5 basis points for selected tenures
HDFC Bank has announced a rise in its marginal cost of funds-based lending rates (MCLR) for two specific tenures, effective October 7, 2024. The adjustment sees an increase of up to 5 basis points (bps),
HDFC Bank increases MCLR rates on two tenures, borrowing costs set to rise, Check details
HDFC Bank has raised its marginal cost of funds-based lending rates (MCLR) by up to 5 basis points (bps) for specific periods, starting today. This change brings the bank's MCLR interest rates to a range of 9.
HDFC Bank hikes loan interest rates by 5 bps on these two tenures
The Marginal Cost of the Fund-Based Lending Rate (MCLR) represents the lowest interest rate that a financial institution must impose on a specific loan. Following the update, HDFC Bank's MCLR interest rates will vary from 9.
HDFC Bank Hikes Loan Rates for Select Tenures By Up to 5 Basis Points
HDFC Bank has raised its marginal cost of funds-based lending rates (MCLR) by up to 5 basis points (bps) for certain tenures, effective today. The new MCLR rates now range from 9.10% to 9.50%, which could affect borrowing costs for consumers.
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MCLR – Meaning, Calculation, MCLR vs Base Rate
The Marginal Cost of Funds Based Lending Rate (
MCLR
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