MCLR and Base Rate – What is the Difference Between Base Rate and MCLR | HDFC Bank by aaryanrao11 Published: August 18, 2025 (1 week ago) Category Finance Link https://www.hdfcbank.com/personal/resources/learning-centre/borrow/what-is-the-difference-between-base-rate-and-mclr What is the difference between MCLR and Base Rate? Know the important difference between MCLR (Marginal Cost of the Fund-Based Lending Rate) & the base interest rate.