HDFC Bank home, car, personal loan EMIs may rise even as RBI keeps repo rate unchanged - Here's why

If you have taken a home loan, car loan, or personal loan from HDFC Bank, there is an important update for you. While the Reserve Bank of India (RBI) has kept the repo rate unchanged at 5.25 per cent for the second consecutive policy review, the country's biggest private bank has increased its marginal cost of funds-based lending rate (MCLR) by 10 basis points. These new rates have become fully effective from June 8, 2026. This move by the bank will not only make taking a new loan more expensive but will also increase the monthly EMI burden of existing customers.