Contact Your Financial Adviser Money Making MC
4
January 2017
Housing finance major Housing
Development Finance Corporation Ltd (HDFC) on Tuesday announced reduction in
its floating loan interest rates by 45 basis points for women and 40 basis
points for others.
In a statement, the company said loans
up to Rs 75 lakh for women would be charged an interest rate of 8.65 per cent
for women and 8.70 per cent for others.
The Total Investment & Insurance Solutions
In case of loans over Rs 75 lakh, the
interest rate will be 8.70 per cent for women and 8.75 per cent for others. The Total Investment & Insurance
Solutions
The new interest rates are applicable
from January 3, 2017. The Total
Investment & Insurance Solutions
"Over the past couple of months, we
have seen a drop in our marginal cost of funds, and as always, the HDFC has
ensured that benefit is passed on to its customers," Renu Sud Karnad,
Managing Director, was quoted as saying in the statement.The Total Investment & Insurance
Solutions
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