HDFC Bank increases MCLR on loans by 20 basis points - Economic Times


7/6/2022 12:00:00 AM2 years 10 months ago
by Sneha Kulkarni

This will raise the cost of housing, vehicle, personal, and other loans, and borrowers will see a rise in equated monthly instalments (EMI) for different types of loans.

Private sector lender, has raised its marginal cost of funds-based lending rate (MCLR) on loans across all tenures by 20 basis points (100 basis points = 1%), effective from July 7, 2022. This will r… [+946 chars]

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