Don’t miss the latest developments in business and finance.

HDFC reduces Retail Prime Lending Rate to 9.65% p.a.

Image
Capital Market
Last Updated : Oct 05 2015 | 8:47 PM IST

With effect from 06 October 2015

Housing Development Finance Corporation has announced a reduction in its Retail Prime Lending Rate (RPLR) by 25 basis points, with effect from 06 October 2015. This reduction would benefit all customers.

The effective Home Loan rates for new customers would be 9.65% p.a. and for women will be 5 basis points lower at 9.60% p.a.

The reduction in the RPLR will also be applicable on loans to Non-Resident Indians (NRIs)/ PIO's Card holders.

HDFC has recently made similar reduction in its deposit rates across all maturities.

Powered by Capital Market - Live News

More From This Section

First Published: Oct 05 2015 | 8:09 PM IST

Next Story