HDFC Bank customers are in shock..!!!
The country's largest private sector bank, hdfc bank, has given a big shock to its customers. As part of this, hdfc bank has announced that it has increased its benchmark lending interest rates by 5 basis points in short-term tenors. The bank has said that these increased interest rates will be effective from december 07, 2024, i.e. earlier. This decision taken by the bank will increase the EMI of customers who have taken loans from hdfc Bank. Currently, the marginal cost rate interest rates for hdfc bank loans are between 9.20 percent and 9.50 percent. Recently, the bank's overnight benchmark lending rates have been increased by 5 basis points. The bank said that these new interest rates are applicable to auto loans, personal loans, home loans, and other types of consumer loans.