New Delhi, Sept. 7 -- HDFC Bank has reduced its lending benchmarks across 7 listed tenures for September 2026. The cuts range between 5 and 10 basis points, depending on the tenure. The revised Marginal Cost of Funds-based Lending Rates (MCLR) apply from 7 September 2026. Borrowers with loans linked to MCLR could benefit from the lower benchmarks.

The bank's latest revised MCLR rates now range from 7.90% to 8.60%. In August, the corresponding range was 8% to 8.65%. The latest changes therefore lower both ends of the lending rate range. However, the size of the reduction differs across the listed tenures.

The overnight MCLR has fallen to 7.90%, compared with 8% in August. The rate for one month has also declined to 7.90% from 8%. Both te...