You are here: Home » Finance » News » Others
Business Standard

HDFC, Indiabulls Housing take on SBI, ICICI with home loan rate cuts

HDFC is offering 8.65% to women borrowers for loans up to Rs 75 lakh, and 8.7% to other borrowers

Abhijit Lele  |  Mumbai 

Housing Finance Development Corporation (HDFC) and Indiabulls Housing Finance Ltd have cut retail home rates by 40-45 basis points, after State Bank of India and ICICI Bank, the two largest banks in the country,  slashed their rates on Monday. HDFC will offer a rate of 8.65 per cent to women borrowers for home loans up to Rs 75 lakh, and 8.7 per cent for other borrowers. Indiabulls Housing Finance will offer the same rates. Analysts said this decision on the part of the two housing finance companies is a fallout of the huge rate cut by large banks. Banks first reduced their ...

TO READ THE FULL STORY, SUBSCRIBE NOW AT JUST Rs 149 A MONTH

Key stories on business-standard.com are available to premium subscribers only.

LOGIN

EMAIL / USER NAME
PASSWORD
REMEMBER ME Forgot password?

Not a member yet ? Resister Now

Connect using any below

  • Don't lose the opportunity of saving $26.77 per month
  • Don't lose the opportunity of saving $26.77 per month
Total Amount
Rs. 0.00
To proceed, kindly select a subscription package

WHAT YOU GET

On Business Standard Digital

  • Access your subscription from anywhere. Be it your computer, tablet or smartphone using a browser or the App, Your Choice.
  • Access to exclusive content, features, opinions and comment, hand-picked by our editors, just for you.
  • Pick your 5 favourite companies. Get all the news upates at the end of each day through E-Mail.
  • Pick the industry that you want to track. And get a daily news letter specific to that industry. Cut out the clutter.
  • And stay on top of your investments. Track stock prices in your portfolio
  • Access 18 years of archival data

On Digital

  • Seamless access to WSJ.com with your Business Standard digital account.
  • Experience the best of the Journal's reporting, video and interactive features.
  • Read about the people and events shaping business, finance, technology, politics, technology and culture.
  • Stay informed with newsletters - an easy way to get WSJ content straight to your inbox - making life easier on your busiest days.
  • More business executives read the Journal globally than any other publication.
*Note :
Our Partners are proud to be associated with this initiative and will contribute Rs 100 x 6 months thereafter, standard rate of Rs 149 will be charged.
Offer valid for Indian residents only
Requires you to share personal information like PAN, Date of Birth, and Income.
*Annual saving on WSJ subscription price of US$ 347.88 (12 months @ US$ 28.99 per month)
* 1US$ = 67.50 INR.
*Please note that this offer is not valid if you are/were a registered/existing user on WSJ Digital
First Published: Wed, January 04 2017. 10:35 IST
RECOMMENDED FOR YOU