 "HDFC cuts interest rate on home loans by 5 basis points from March 4")
Following in the wake of State Bank of India (SBI) and Kotak Mahindra Bank, Housing Development Finance Corporation (HDFC) too announced a cut in its retail prime lending rate (RPLR) by five basis points (bps). The revised rate is 6.75 per cent for customers with high credit scores.
The revision will come into effect from Thursday, and the change is expected to benefit existing retail home loan customers, HDFC said in a statement. HDFC’s adjustable rate home loans are benchmarked to the RPLR.
On Monday, SBI slashed interest rate on home loans by 10 bps under a limited
The revision will come into effect from Thursday, and the change is expected to benefit existing retail home loan customers, HDFC said in a statement. HDFC’s adjustable rate home loans are benchmarked to the RPLR.
On Monday, SBI slashed interest rate on home loans by 10 bps under a limited
