HDFC Bank
loan rates

Name: HDFC Bank EBLR & MCLR
Creator: Capera

External benchmark

EBLR

7.75%

+250 bps over repo (5.25%)

Marginal cost

1-year MCLR

8.40%

Spread over benchmark: +250 bps

Live · updated 25 August 2026, IST

Your rate stack

What this bank charges, and what it pays back.

01 · RBI

Repo rate

5.25%

Where the bank funds itself overnight

02 · HDFC Bank

EBLR

7.75%

+250 bps over repo

1Y MCLR

8.40%

+315 bps over repo

Most retail home loans sit on EBLR; older / corporate loans on MCLR

03 · HDFC Bank

1Y FD (your deposit return)

6.25%

Gap to EBLR +150 bps · to MCLR +215 bps

See full FD slabs

HDFC Bank's lending-deposit spread sits at +150 bps on EBLR-linked loans and +215 bps on 1-year MCLR. If you hold both an FD and an OD here, that's the spread you're carrying both ways.

MCLR term structure

Rate by reset tenor.

7 tenors

Overnight

8.00

1-month

8.00

3-month

8.15

6-month

8.30

1-year

8.40

2-year

8.55

3-year

8.65

MCLR loans reset at the chosen tenor. A 1-year MCLR loan recalculates once a year; an overnight MCLR loan recalculates every business day. Most retail loans pick the 1-year MCLR.

Vs the sovereign curve

HDFC Bank MCLR against same-tenor G-Sec yields.

Compare the cost of a term loan from HDFC Bank against what a comparable corporate bond would price at: G-Sec yield plus a credit spread of roughly 75–150 bps for AAA names.

Tenor MCLR G-SecSpread