Read, Improve & Submit Your Modern Blogs For All! Faster & Easier
Wed. Sep 27th, 2023

Major Indian mortgage lender, Housing Development Finance Corporation (HDFC), on Wednesday informed its decision to cut retail prime lending rates on home loans by 10 basis points with effect from 1 August 2019.

“HDFC has reduced its Retail Prime Lending Rate (RPLR) on Housing Loans, on which its Adjustable Rate Home Loans (ARHL) are benchmarked, by 10 basis points with effect from August 1, 2019,” the lender said in its regulatory filing with BSE.

Home loans up to Rs 30 lakh will be offered at 8.60 percent, it said. For women borrowers, HDFC will be offering these loans at Rs 8.55 percent. It also said that the reduction will be applicable on existing borrowers as well.

Loans above Rs 35 lakh and up to Rs 75 lakh will be offered at an interest rate of 8.85 percent for general customers and at 8.80 percent for women.

Further, interest rates on housing loans over Rs 75 lakh were lowered to 8.90 percent, while the same will be offered to women at 8.85 percent.

Since RBI’s policy rates were lowered in June, many banks including the State Bank of India (SBI) have opted to reduced their loan pricing.


Jan 23, 2023

Send us your query if you come through any kind of violation to the intellectual property or inappropriate use of data such as title, content, images, phone number, addresses, name, and e-mail ids.

You can send us your email to if any content seems to be abusive or illegal.

Dailyblogs does not interfere between customers & advertisers.

By submitting and using our blog post on website, you accept our Terms & Conditions.

The advertisers are completely responsible for any type of title, image & content published on their posts on Dailyblogs Website. Published ads/post are not subjected to any kind of verification or manual authenticated by dailyblogs website. We will not responsible fo any circumstances, reliability, legality & property with published by advertisers.

Dailyblogs is a classified/post listing platform that provides ads/post listing & ads/post searching services. We doesn't mediate between customers & advertisers in any matters.

Notify of
Inline Feedbacks
View all comments