Home loan rates upped by HDFC Ltd.
By Joseph Samson
Mar 1, 2011
Print    Email    RSS   

Private sector lending major, HDFC Ltd has increased interest rates on home loans by 25 bps. The interest rates have been raised for both new and old borrowers.

The retail prime lending rate (RPLR) of the Housing finance company (HFC) has been raised to 15.5%. The floating rates of interest are benchmarked on RPLR.

The major reason behind the raising of rates is in line with the policy rate hike by Reserve Bank of India in monetary policy review. The apex bank raised policy rates as a step to manage rising inflation rates.

HDFC had hiked its rates recently on February 1, by 25 bps.


(Comments Posted : 1) Post Your Comments
1. HDFC Ltd has increased it's PLR not HDFC Bank, kindly correct your article.
Gaurav Narang (Posted: Mar 1, 2011)
Show All Comments
 Select a product:

 Select a product:

Choices available for home buyers
NRI Home Loan: A friend for the non-residents
Step up loans: An easy way to own a dream...
Fixed or floating interest rate home loan:...
Your EMIs may help you to reduce your tax...

PINJORE: CaℒL Giℛℒs In PiNjOrE 09915787550...
PINJORE: CaℒL Giℛℒ In PiNjOrE 09915787550...
how to gate my home loan certificate

Canara Bank earned a profit of 60%. Feb 6, 2015
New Branch of Laxmi Vilas bank at Vijayawada Jan 30, 2015
Home loan EMIs expected to drop down Jan 21, 2015
Corporation Bank received MSME banking excellence award 2014 Jan 19, 2015
Home loan rates set to fall, after reduction in repo rate Jan 16, 2015
News Archive