HDFC Loan Rates Shift Post RBI Announcement: Will Your EMI Drop?

• RBI maintained the repo rate at 5.25% in its February 6, 2026 meeting, offering limited relief for loan interest rates.
• HDFC Bank revised its MCLR, reducing the interest rate by 5 basis points (0.05%) only for three-year tenure loans.
• The three-year MCLR rate decreased from 8.55% to 8.50%, effective February 7, 2026.
• Only borrowers with loans linked to HDFC Bank's 'three-year MCLR' will see a slight decrease in their EMI.
• No changes were made to interest rates for other loan tenures or fixed deposit rates.