The country’s largest private sector bank, HDFC Bank, has given relief to crores of its customers by reducing the MCLR (Marginal Cost of Funds based Lending Rate) by 0.05%. This comes after the Reserve Bank of India (RBI) last week cut the repo rate from 5.50% to 5.25%. Following this move, many major banks in … Read more
If your HDFC Bank app suddenly shows an “Upgrade Required” message, don’t worry—it’s not a technical issue. HDFC has officially discontinued its old mobile app, and all customers are now required to switch to the new app. The bank has been sending reminders via SMS and email to ensure everyone upgrades as soon as possible. … Read more
India’s largest private sector bank, HDFC Bank, has given good news to millions of customers by reducing home loan interest rates. This move will help borrowers lower their monthly EMIs. The bank has cut its Marginal Cost of Funds Based Lending Rate (MCLR) by 0.10% (10 basis points). HDFC Bank revises these rates on the … Read more
HDFC Bank, India’s largest private sector bank, has given a special gift to its customers before Diwali by reducing loan interest rates. The bank has lowered its MCLR (Marginal Cost of Funds Based Lending Rate) by 0.15%. Since MCLR directly determines loan interest rates, any reduction in MCLR automatically lowers the rates on home, car, … Read more
HDFC Bank, the country’s largest private bank, has decided to give bonus shares to its investors. The company has fixed 27 August as the record date for this bonus issue. Investors are now wondering whether it is the right time to invest in HDFC Bank shares. The bank has announced that one bonus share will … Read more
HDFC Bank, one of India’s largest private sector banks, has issued an important alert for its customers. The bank’s customer care services will not be available for a few hours due to scheduled system maintenance. This step is being taken to ensure safer and better banking services in the future. Service Downtime Details According to … Read more
HDFC Bank has surprised customers by increasing the minimum balance requirement for savings accounts, similar to ICICI Bank’s recent move. From 1 August 2025, new savings account holders in metro and urban areas will need to maintain Rs 25,000 instead of the earlier Rs 10,000. If the balance falls below this limit, the bank will … Read more
HDFC Bank, the country’s largest private sector bank, has given relief to its crores of customers by reducing loan interest rates. The bank has cut its MCLR (Marginal Cost of Funds Based Lending Rate) by 0.05% for all loan tenures except the 2-year period. Since loan rates like home loans, car loans, and personal loans … Read more
HDFC Bank, the country’s largest private bank, has once again reduced the interest rates on fixed deposits (FDs) and savings accounts. The bank has lowered the rates by 25 basis points (0.25%), and the new rates are effective from June 25, 2025. This is the second time in June that HDFC Bank has made such … Read more
Starting July 1, major private banks like HDFC Bank and ICICI Bank will increase fees on credit cards and other banking services. HDFC Bank notified its customers about new charges, especially on credit card spending related to online gaming, digital wallets, and utility payments. If a customer spends over Rs 10,000 in a month on … Read more
On May 7, 2025, HDFC Bank, the largest private sector bank in India, reduced its MCLR (Marginal Cost of Funds Based Lending Rate) by 0.10% to 0.15%. This reduction will lower the EMI (Equated Monthly Installments) for home, car, and personal loans. Following the RBI’s two cuts in the repo rate, many banks, including HDFC, … Read more