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HDFC cuts rates for new home loans
The country's top housing finance provider HDFC today announced a lower interest rate of 9.75 per cent for new loans up to Rs 30 lakh -- bringing the rates to lowest level in about three years.Under the limited period offer applicable to new floating rate customers, the lender would charge 9.75 per cent for loans up to Rs 30 lakh and 10.75 per cent for bigger loans.
From: NDTV
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HDFC offers new home loan scheme
The common man has reason to rejoice as the cut throat competition gets the largest home loan lender to slash its interest rates in a special offer.
From: NDTV Profit
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With Lending Rate Falling, Should You Take A Short-Term Or Long-Term Home Loan
Demonetization of higher denomination Rs 500 and Rs1,000 notes has made banks flush with deposits, which have now breached the Rs11 lakh-crore mark in one month’s time since the move came into effect. The surge in deposits made lenders like HDFC Bank, Bank of Baroda, Dena Bank and Bank of India cut their benchmark lending rates even without waiting for the RBI monetary policy meet that was held on Dec 7. Now the question everyone’s asking is: whether to opt for a short-term or long-term...
From: The Financial Express
Related topics : bank loan short term / home loan interest rate hdfc
How can transfer my Home Loan from HDFC to SBI?
Balwant Jain Advices Money Guru Show viewer on Zee Business
It is advisable to transfer your existing loan to SBI or any other bank in case they offer you a better deal in terms of interest rate.
From: Make Friends with Money
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Demonetisation: Home And Car Loan EMIs Set To Fall
One positive fallout of the demonetisation move, apart from the fact that it is aimed at tackling black money and corruption menace, is that you as a consumer may benefit in the form of lower loan EMIs. With massive deposits being made in banks by people, most major banking institutions have cut their deposit rates. ICICI Bank, HDFC Bank and Canara have slashed their FD rates by up to 1 per cent. SBI has also slashed fixed deposit rates on select maturities by up to 0.15 per cent. With banks...
From: The Financial Express
Related topics : car bank loan interest rate / bank loan interest rates / emi home loan sbi