SBI Customers, ALERT! Your Home Loan, Personal Loan EMIs To Go Up As Bank Raises Lending Rates By 10 Basis Points | Personal Finance News

New Delhi: The State Bank of India (SBI) has increased its marginal cost of funds-based lending rate (MCLR) by 10 basis points or 0.1 per cent across all tenures. This change will be effective from June 15 which means that borrowers with loans linked to MCLR will see higher EMIs. Here are the updated MCLR […]

ABHISEK RAJPUT

June 15, 2024

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SBI Home Loan Customers Alert! State Bank Hikes MCLR Rates Effective From Today 15 July 2024 | Personal Finance News

New Delhi: India’s largest public sector lender State Bank of India (SBI) has announced its latest marginal cost of funds-based lending rate (MCLR). The SBI MCLR rates are effective from 15 July 2024, according to the SBI website. The MCLR is the lowest interest rate at which a bank can make a loan to a […]

ABHISEK RAJPUT

July 15, 2024

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PNB Home Loan EMI To Shoot Up! Bank Hikes MCLR Rates Effective From Today, 1 August 2024 | Personal Finance News

New Delhi: Public sector lender Punjab National Bank (PNB) has announced its latest marginal cost of funds-based lending rate (MCLR), whereby the bank has raised it by 5 basis points or 0.05 percent. The PNB MCLR rates are effective from August 1, 2024, according to the bank’s website. The MCLR is the lowest interest rate […]

ABHISEK RAJPUT

August 1, 2024

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SBI Hikes Loan Interest Rates By 10 BPS Across All Tenors From THIS Date | Personal Finance News

New Delhi: State Bank of India (SBI), India’s largest state-run bank has announced a hike in loan interest rates by 10 basis points across all tenors. This change, effective from August 15, 2024 will affect the Marginal Cost of Funds Based Lending Rate (MCLR), leading to a slight increase in borrowing costs for SBI customers. […]

ABHISEK RAJPUT

August 15, 2024

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HDFC Bank Hikes Key Lending Rate For 3-Month Tenure; Check Updated MCLR For September 2024 | Personal Finance News

New Delhi: HDFC Bank announced an increase in loan interest rates by up to 5 basis points (bps) for a 3-month tenure. This follows a recent hike in its marginal cost of funds-based lending rates (MCLR) on September 7, 2024. With this change, HDFC Bank’s MCLR interest rates now range between 9.10 per cent and […]

ABHISEK RAJPUT

September 8, 2024

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