HDFC Cuts New Home Loan rates by up to 50 bps

India’s largest private sector home finance company HDFC has cut floating interest rates for NEW CUSTOMERS by 25 to 50 basis points.

Revised HDFC Home Loan Rates -

- Loans up to Rs.15 Lakh are available at 8.75% against 9.25% earlier.

- Loans between Rs.15 Lakh and Rs.30 Lakh are now available at 9% against 9.25% earlier.

- Loans above Rs.30 Lakhs are at 9.5% against 9.75% earlier.

According to the revised Home Loans rates, the EMI on Rs.1 Lakh for a 20 year loan will be Rs.884.