HDFC Bank has slashed the interest rates on personal loans and commercial vehicles from February 23rd.

Personal loan rates have been reduced by 75 to 100 basis points from the existing rate of 17% to 17.5% while interest rate on commercial vehicle loans and two-wheeler loans have declined by 125 basis points to 13.5% to14% and 150 basis points to 24% to 24.5% respectively.