Thursday, 19 January 2017

HDFC cuts lending rate by 15 basis points-The Total Investment & Insurance Solutions

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19 January 2017

HDFC Ltd, one of the largest housing finance company, on Thursday announced a 15 basis points (bps) reduction in its retail prime lending rate (RPLR). This reduction would benefit all existing customers, the lender said. The Total Investment & Insurance Solutions


For all new home loans of up to Rs75 lakh, interest rates for women customers would be 8.65% and for others, it would be 8.70% per annum, HDFC said in a release.
 
Lending rate (The Total Investment & Insurance Solutions)

The reduction in the RPLR will also be applicable on loans to non-resident Indians (NRIs)/ persons of Indian origin (PIO) card holders.The Total Investment & Insurance Solutions

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