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The Economic Times

Business

Sneha Kulkarni

Good news for HDFC Bank borrowers: Bank cuts lending rates across tenures by up to 15 bps; check latest list

HDFC Bank home loan borrowers with their loans linked to the Marginal Cost of Funds-Based Lending Rate (MCLR) will see their equated monthly instalments (EMIs) fall as the bank has cut MCLR rates across all tenures by up to 15 basis points (15 bps).

A basis point is one-hundredth of a percentage point. The revised HDFC Bank MCLR rates will be applicable from October 7, 2026, as per HDFC Bank’s official website.

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