HDFC Bank increases loan rates for selected short term loans! Check out new rates – Money News

India’s largest private lender HDFC Bank on Thursday raised lending rates by 5 bps. for short term periods.

This increase in the marginal cost of fund-based lending rates (MCLR) applies to one-day, one-month and three-year lease terms.

Following this revision, overnight MCLR rose to 9.15% from 9.10% earlier, one-month MCLR rose to 9.20% from 9.15% and three-month MCLR stood at 9.5% from earlier 9.45%.

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