Good news for the customers planning to take Home loan from HDFC bank. HDFC bank has slashed down the home loan rates for the new borrowers irrespective of the loan amount. This offer is in effect from the 1st august,14.
This is the new offer of the bank named ‘Monsoon Bonanza’. The customers can grab this offer from 1st August till end of September, 2014. This will offer the new borrowers, salaried or self employed with home loans at the reduced rates i.e. 10.15%. These offers help the bank to earn good growth in home loan incomes.
This is a limited period offer. Before the announcement of the review policy by the RBI the HDFC launched this offer. However the existing customers will not see any change, they will be charged with the same rate. This offer is exclusively for new borrowers.