HDFC Bank's Double Delight: MCLR Cut for Borrowers, Higher FD Rates for Investors!

• HDFC Bank slashes MCLR by up to 10 basis points, reducing loan interest burden for borrowers.
• New MCLR rates, effective March 7, 2026, now range from 8.15% to 8.55%, impacting home, personal, and vehicle loans.
• Borrowers can expect lower EMIs as overnight, one-month, and one-year MCLR rates have decreased.
• Bank also boosts Fixed Deposit interest rates for deposits under Rs. 3 crore, effective March 6, 2026.
• General public FDs now offer up to 6.50%, while senior citizens can get up to 7% interest.