HDFC Bank MCLR rates for August 2025 revised: Check latest loan rates

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HDFC Bank has announced a revision in its Marginal Cost of Funds-based Lending Rates (MCLR) for August 2025, impacting new and existing borrowers with floating rate loans. The updated rates took effect from August 7, 2025, and will influence EMIs on home, personal, and other retail loans linked to MCLR.

According to the bank’s latest schedule, the overnight MCLR now stands at 8.20%, while the one-month and three-month MCLR rates have been set at 8.25% and 8.35% respectively.

The one-year MCLR, a crucial metric for the majority of retail loans, is currently 8.55%, while the six-month MCLR is set at 8.45%. The MCLR rates for two and three years are 8.60% and 8.65%, respectively.

It is worth noting that the revision in rates comes amid expectations that banks may gradually adjust lending rates in response to changing market liquidity and monetary policy outlook. And with rolled out new rates borrowers who have loans linked to MCLR will witness the impact on their EMIs, starting next reset date, with respect to their loan's reset cycle.

The current MCLR rates will directly affect the interest rates for consumers looking to take out new loans. If there are cost benefits, existing borrowers might consider switching to rates linked to external benchmarks, which are closely tied to the Reserve Bank of India's repo rate.

Customers who want to understand how the new rates will impact their repayments should review their loan agreements and speak with branch representatives, according to HDFC Bank.