Days after the RBI hiked repo rate for the fifth time in the last seven months, the Housing Development Finance Corporation Ltd (HDFC) on Monday revised its retail prime lending rate (RPLR) on home loans.
The HDFC said that it would increase its RPLR on housing loans by 35 basis points, on which its Adjustable Rate Home Loans (ARHL) are benchmarked.
Earlier this month, the RBI had hiked repo rate by 0.35 per cent, from 5.9 per cent to 6.25 per cent.
HDFC Ltd offers low home loan interest rates starting from 8.20 per cent per annum, the statement said.
“This rate of interest is applicable to home loans, balance transfer loans, house renovation, and home extensions loans. HDFC offers an adjustable-rate loan also known as a floating rate loan as well as a trufixed loan in which the interest rate on the home loan remains fixed for a specific tenure (say first two years of the entire loan tenure) after which it converts into an adjustable-rate loan,” it said.
Filmmaker Boney Kapoor and actor Anil Kapoor arrived at Parmarth Niketan Ashram. During their visit,…
After staying away from the big screen for more than five years, Govinda is all…
Actress Triptii Dimri gave an enchanting performance as the child bride Bulbbul Chaudhary - "the…
The National Human Rights Commission (NHRC), on Tuesday, has taken cognisance of a shocking case…
Nexus Elante, the Tricity’s most iconic shopping and lifestyle destination, the preferred shopping destination, partnered…
Controlling cholesterol is crucial for preventing lifestyle diseases like heart disease and high blood pressure.…