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HDFC cuts Home Loan rates

Posted on Nov 08, 2016
After ICICI Bank, HDFC also announced a reduction in its Home Loan rates of up to 15 basis points, effective 4th November, 2016.

“Over the past couple of months we have seen a drop in our marginal costs of funds and as always HDFC has ensured that benefit is passed on to its customers” said Ms.Renu Sud Karnad, Managing Director, HDFC Ltd .

For loans beyond Rs. 75 lakh, the interest rate has been revised downwards to 9.25% for women borrower and 9.30% for others.

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HDFC net profit up 40% to Rs 2,607 crore in Q4, demand in non-metros add sizzle

Posted on May 13, 2016
MUMBAI: The real estate sector in India may be in deep funk, but the home loan business is booming.HDFC, India's biggest mortgage lender, said on Monday that its profits rose 40% in the fourth quarter ended March to Rs 2,607 crore ahead of analyst estimates.A one-time gain from sale of insurance subsidiary shares boosted performance but home loans ...
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HDFC Bank Slashes Interest Rate, EMIs Set to Fall

Posted on Sep 01, 2015
In a huge relief for consumers, private lender HDFC Bank cut its base rate, or minimum lending rate, from 9.70 per cent to 9.35 per cent on Monday. HDFC Bank is the country's second largest private sector bank by assets.The surprise rate cut is likely to force other major lenders into reducing rates, analysts say. HDFC Bank competes with ICICI Bank ...
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HDFC to lend women home loan borrowers at 9.85%

Posted on Apr 27, 2015
India's largest home financier HDFC has brought down its home loans rates by 5 basis points to 9.85% for women loan borrowers matching it to the rates offered by State Bank of India (SBI) and ICICI Bank.A loan product called 'Women Power' will be applicable to women, who is a sole or joint owner of the property and first applicant. It is also appli ...
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HDFC Home Loan Rate Reduces to 9.9% – Now Lower than SBI

Posted on Apr 13, 2015
India: Housing Development Finance Corporation (HDFC) bank which is considered as Indias largest housing finance company has cut down its home loan rate to 9.9% that is lesser than that of SBI.HDFC bank is the Indias largest housing finance company which reduced its retail prime lending rate (RPLR) by 20 basis points to 9.9 percent and will be ac ...
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