HDFC Bank lowers MCLR by up to 5 bps, revises FD rates, offering financial relief and flexibility for borrowers and depositors.
HDFC Bank has cut its marginal cost of funds-based lending rate (MCLR) on select tenures by up to 5 basis points (bps). The revised rates are applicable from January 7, 2025 onwards.
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After the change, MCLR will now range between 9.15 percent and 9.45 percent. The new rates will come into force from Jan 7, ...
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