NEWS & ADVICE : HOME LOANS
National Housing Bank reduces prime lending rate by 25 bps
By Joseph Samson
Jan 30, 2013
Print    Email    RSS   

The home loans provider, National Housing Bank, has slashed its prime lending rate (PLR) to 7.5 percent, from the existing 10 percent. The new rate will be brought into effect immediately.

The floating rate loans linked to its PLR will now attract interest rates lower by 25 basis points. In addition to this, following its asset liability committee meeting (ALCO) the housing finance lender has slashed its rates on special refinance loans by 25 bps.


(Comments Posted : 0) Post Your Comments
Show All Comments
COMPARE QUICKLY
 Select a product:
 

CALCULATE QUICKLY
 Select a product:
 

EDITORS' PICKS
Top up loans: toppings on your home loan
Know your home loan better
IBA to push for MIBOR as the benchmark rate
Factors to Evaluate before opting for Home...
Home loans: a route to home sweet home


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

NEWS THIS WEEK
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