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HDFC Bank cuts MCLR by 10 bps

Financial Express Chandigarh

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April 08, 2025

HDFC BANK HAS lowered its marginal cost of funds-based lending rate (MCLR) by 10 basis points (bps) across multiple tenures with effect from Monday, resulting in lower loan rates and equated monthly instalments (EMIs) for customers.

The revised rates, effective April 7, now range between 9.10% and 9.35%.

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