Thursday, January 22, 2009

HDFC new home loan rates for limited period

On Friday HDFC leading mortgage lender posted new loan rates under which the loan amount up to Rs 30 lakh will carry interest of 9.75 per cent and above Rs 30 lakh will attract interest of 10.75 per cent per annum.

The rates have come into effect from Friday, and the offer is valid for limited period. In a statement released by HDFC stated the new offer will be applicable for new floating rate home loan customers.

On the other hand the bank reduced its deposit rates in the range of 0.50 per cent to 0.75 per cent.

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