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
8.35%
+310 bps over repo
Most retail home loans sit on EBLR; older / corporate loans on MCLR
03 · Deposits
FD coverage
—
We don't yet track FD rates for HDFC Bank.
MCLR term structure
Rate by reset tenor.
7 tenors
Overnight
8.05
%
1-month
8.05
%
3-month
8.15
%
6-month
8.30
%
1-year
8.35
%
2-year
8.45
%
3-year
8.60
%
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.
- 3-month+288 bpsMCLR8.15%G-Sec5.27%
- 6-month+286 bpsMCLR8.30%G-Sec5.44%
- 1-year+249 bpsMCLR8.35%G-Sec5.86%
- 2-year+222 bpsMCLR8.45%G-Sec6.23%
- 3-year+221 bpsMCLR8.60%G-Sec6.39%
HDFC Bank MCLR · G-Sec from RBI curve · as of 11 May 2026
Closest peers by EBLR
