Live Breaking News & Updates on Marginal Cost Of Lending Rate

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Bank loan rates in October 2023: ICICI Bank, HDFC Bank, BoB, PNB, Canara Bank, Yes Bank

The marginal cost of lending rate (MCLR) is the lowest lending rate. No bank is allowed to make a loan interest rate offer below this. Here is a comparison of lending rates of banks in the month of October 2023. ....

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HDFC Bank's interest rate hike: How much will your EMI rise? Know here

HDFC Bank increased MCLR rates by 0.15%, making loans costlier, affecting customers' EMIs on home, car, and personal loans. ....

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HDFC Ltd-HDFC Bank merger: What differences home loan borrowers should know before shifting from MCLR to ELBR?

ELBR is more responsive to repo rate changes, which can result in faster re-pricing of loans compared to MCLR ....

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