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The Economic Times

Business

Sneha Kulkarni

Good news for HDFC Bank borrowers: Lending rates reduced across multiple tenures; check latest list

HDFC Bank has lowered its Marginal Cost of Funds-based Lending Rates (MCLR) on select tenures by up to 5 basis points (bps), which will give relief to borrowers whose loans are linked to this regime. A basis point is one-hundredth of a percentage point.

The revised HDFC Bank MCLR rates will be applicable from August 7, 2026, according to the information available on the bank's official website.

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