Your rate stack
What this bank charges, and what it pays back.
01 · RBI
Repo rate
5.50%
Where the bank funds itself overnight
02 · HSBC Bank
EBLR
—
External benchmark
1Y MCLR
8.05%
+255 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 HSBC Bank.
MCLR term structure
Rate by reset tenor.
5 tenors
Overnight
7.60
%
1-month
7.75
%
3-month
7.90
%
6-month
8.00
%
1-year
8.05
%
2-year
—
not reported
3-year
—
not reported
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
HSBC Bank MCLR against same-tenor G-Sec yields.
Compare the cost of a term loan from HSBC 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+240 bpsMCLR7.90%G-Sec5.50%
- 6-month+189 bpsMCLR8.00%G-Sec6.11%
- 1-year+156 bpsMCLR8.05%G-Sec6.49%
HSBC Bank MCLR · G-Sec from RBI curve · as of 16 October 2026
Recent revisions
How quickly this bank passes through changes.
last 18 months
- 1 October 2026-25 bps
MCLR · 1-year
8.30% → 8.05%
- 1 October 2026-25 bps
MCLR · 6-month
8.25% → 8.00%
- 1 October 2026-25 bps
MCLR · 3-month
8.15% → 7.90%
- 1 October 2026-25 bps
MCLR · 1-month
8.00% → 7.75%
- 1 October 2026-25 bps
MCLR · Overnight
7.85% → 7.60%
- 1 August 2026+5 bps
MCLR · 1-year
8.25% → 8.30%
- 1 August 2026+5 bps
MCLR · 6-month
8.20% → 8.25%
- 1 August 2026+5 bps
MCLR · 3-month
8.10% → 8.15%
Closest peers by EBLR
Three banks priced near this one.
No peer banks with EBLR data available.