HDFC has reduced the home loan interest rate by 50 bps. magnified

Author: Nishu June 9, 2022  HDFC has reduced the home loan interest rate by 50 bps.  magnified

A day after the RBI increased the repo rate by 50 basis points (bps), leading mortgage lender HDFC Ltd increased its retail prime lending rate (RPLR) on home loans – at which its adjustable rate home loan (ARHL) benchmark are – by 50 basis points.

HDFC said in a statement that the new rate would be effective from June 10, 2022. Now home loan rates on Mortgage Lenders start at 7.55%.

Author: Nishikant

My name is Nishikant, I work as Sub Editor at newscinema.in

9 June, 2022, 9:48 pm

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