HDFC Bank Hikes Key Lending Rate For 3-Month Tenure; Check Updated MCLR For September 2024
The six-month MCLR is set at 9.40 per cent and the one year rate which is linked to many consumer loans, stands at 9.45 per cent.
Sep 08, 2024, 15:46 PM IST
PNB Home Loan EMI To Shoot Up! Bank Hikes MCLR Rates Effective From Today, 1 August 2024
The PNB MCLR rates, effective from 1st August 2024, have been hiked by 5 basis points.
Aug 01, 2024, 14:09 PM IST
SBI Home Loan Customers Alert! State Bank Hikes MCLR Rates Effective From Today 15 July 2024
SBI Home loan borrowers take note: Bank has announced hike in its MCLR rates effective from today, 15 July 2024.
Jul 15, 2024, 10:26 AM IST
SBI Customers, ALERT! Your Home Loan, Personal Loan EMIs To Go Up As Bank Raises Lending Rates By 10 Basis Points
SBI, on Friday announced that it raised 100 million dollars (About Rs 830 crore) through bonds to boost business expansion.
Jun 15, 2024, 17:29 PM IST
Loan EMI To Become Expensive As HDFC Bank Raises MCLR Rates --Check New Rates, Tenor
While HDFC bank has hiked the MCLR in one month to six month by 10 basis points, it has hiked the 1 year MCLR by 5 basis points.
Feb 08, 2024, 12:23 PM IST
SBI Home Loan Alert! Check SBI Latest MCLR Rates Effective From Today 15 September 2023
SBI Home loan borrowers have an update, as the bank has announced its latest MCLR rates effective from today.
Sep 15, 2023, 14:34 PM IST
Bank of Maharashtra Hikes MCLR Lending Rates --Check Latest Rates Here
The majority of consumer loans, including auto, personal, and house loans, are fixed at the one-year rate.
Apr 18, 2023, 13:07 PM IST
BoB, IOB Hike Lending Rates On Loans; SBI Marginally Ups Deposit Rates
State Bank of India (SBI) on Wednesday increased the MCLR-linked loans by 10 bps across the overnight and up to three year category of loans -- varying from 7.95 per cent to 8.70 per cent, effective February 15.
Apr 16, 2023, 09:56 AM IST
Canara Bank Hikes MCLR From Today; Home, Auto, Personal Loan EMIs To Go Up
Canara Bank also added that existing borrowers of the Bank shall have an option to switch over to interest rates linked to MCLR other than Fixed Rate Loans.
Apr 12, 2023, 14:54 PM IST
PNB, HDFC Banks Hike Key Lending Rate; Making Loans Expensive For Customers
Earlier this month, the RBI hiked key benchmark policy rate by 25 basis points to 6.5 per cent, citing sticky core inflation.
Feb 28, 2023, 18:14 PM IST
SBI Hikes Key Lending Rate by 10 bps From Feb 15, Know how it will Impact Borrowers
SBI is now offering 7% from 6.75% interest for FDs maturing between 2 years to less than 3 years and 6.5% from 6.25% on 3 years to less than 5 years.
Feb 15, 2023, 17:53 PM IST
BAD NEWS for Loan borrowers! EMIs to go up as ICICI, PNB, Bank of India hike MCLR rates from today 01 December
While ICICI has hiked the MCLR rates by 10 basis points, PNB and Bank of India have hiked rates by 5 and 25 basis points. A 100 basis point is equal to 1 percent.
Dec 01, 2022, 15:12 PM IST
Axis Bank hikes MCLR rate by 25 bps, making loans costlier; Check rates here
MCLR is a benchmark rate that helps to decide various loan rates such as car loan, home loan, etc. Now the overnight and one-month MCLR stands at 8.15%, according to the Axis’s bank website.
Oct 18, 2022, 16:01 PM IST
Banks hike MCLRs, repo-linked lending rates post RBI rate action
The one-year tenor MCLR is the rate against which most of the consumer loans are tied to.
Oct 17, 2022, 20:32 PM IST
Canara Bank launches a special FIXED DEPOSIT scheme offering 7.5% interest rate; Check benefits, tenure and more
Public lender Canara Bank has unveiled a special fixed deposit scheme for a tenure of 666 days offering upto 7.5% interest rate. The plan is for the amount under Rs 2 crore.
Oct 08, 2022, 16:07 PM IST
IOB, Bank of Baroda raise MCLR rates by up to 0.10 %, Check new rates
The benchmark 1-year tenor marginal cost of funds based lending rate (MCLR) has been revised to 7.75 per cent against the existing rate of 7.65 per cent.
Sep 09, 2022, 23:03 PM IST
Canara bank hikes benchmark lending rate; Check the new rates
Now the benchmark one-year MCLR will be 7.75 % from the earlier 7.65 %. The one-year benchmark is used to fix most customers loans such as auto, personal, and home loans.
Sep 06, 2022, 15:27 PM IST
Bank of India hikes overnight, 6 months, 1 year lending rates; EMIs set to increase
The one-month MCLR remains at 7.3%, the three-month MCLR remains at 7.35%, and the three-year MCLR remains at 7.80%.
Aug 30, 2022, 19:52 PM IST
SBI's home loan EMIs to increase as bank raises benchmark lending rates by up to 50 basis points
SBI's EBLR rose to 8.05 per cent and RLLR increased by 50 basis points to 7.65 per cent.
Aug 15, 2022, 20:18 PM IST
HDFC customers alert! Pay more on home loans, new rates effective from today August 9
In a BSE filing, HDFC said, "HDFC increases its Retail Prime Lending Rate (RPLR) on Housing loans, on which its Adjustable Rate Home Loans (ARHL) are benchmarked, by 25 basis points, with effect from August 9, 2022."
Aug 09, 2022, 11:33 AM IST
