अब आप न्यूज्ड हिंदी में पढ़ सकते हैं। यहाँ क्लिक करें
Home » IANS » HDFC reduces retail lending rates on home loans

HDFC reduces retail lending rates on home loans

Published on :

New Delhi, Jan 3 (IANS) Mortgage major Housing Development Finance Corporation (HDFC) will now offer cheaper lending rates on home loans from January 6, as it reduced the retail prime lending rate by 5 basis points.

“HDFC reduce its retail prime lending rate on housing loans, on which its ‘Adjustable Home Loan Rate’ (AHLR) are benchmarked, by 5 basis points with effect from January 6, 2020,” the company said in a regulatory filing.

Consequently, the effective rates for home loan for women borrowers up to Rs 30 lakh would be 8.05 per cent, from Rs 30-75 lakh at 8.30 per cent and above Rs 75 lakh, 8.40 per cent. For male borrowers, the rates would be 5 bps more.

The change will benefit all existing HDFC customers, the company said.



(This story has not been edited by Newsd staff and is auto-generated from a syndicated feed.)
(For more latest news and updates Like us on Facebook, Follow us on Twitter. Download our mobile app )

Latests Posts