RBL Bank Savings Account Interest Rate: After the Reserve Bank (RBI) cut interest rates by 25 basis points last week, people are waiting for big relief from public and private banks. It is believed that after this decision of RBI, people can get some relief in EMI of home loans, and personal loans. However, amidst all this, a private bank has given a big shock to its customers. RBL Bank has reduced the interest rates of savings bank accounts for customers. The new interest rates are going to be applicable from February 15.

RBL Bank savings Account Interest Rate: Check new rates

HDFC Bank increased the MCLR rate

HDFC Bank has increased MCLR. The bank has increased the overnight MCLR. Earlier this rate was 9.15 percent, which has now been increased by 5 basis points to 9.20 percent. However, the rates of all other periods are the same as before, no change has been made in them. These new rates have come into effect from 7 February 2025. Let us tell you that now the MCLR of HDFC Bank has increased from 9.20 percent to 9.45 percent.

If we talk about 1 month, then 9.20 percent interest is being charged. The MCLR for 3 months is 9.30 percent. The MCLR rate for 6 months and one year is 9.40 percent. At the same time, the MCLR for two and three years is 9.45 percent.

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