Important Announcement for FirstRand Customers:
All FirstRand Savings, Current, Easy Banking and Non-resident Customer accounts moving to HDFC Bank
As per RBI guidelines, all Rupee loans sanctioned and credit limits renewed w.e.f. Apr 01,2016 will be priced with reference to the MCLR (other than exceptions permitted by RBI).
The Marginal Cost of Funding Rates effective Sep 6, 2021 is as follows:
| Tenor | MCLR (in %) |
|---|---|
| Overnight | 110.16% |
| One month | 109.97% |
| Three months | 110.04% |
| Six months | 110.25% |
| One year | 110.67% |
