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Indiabulls Housing Fin cuts home loan rate by 15 bps

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Press Trust of India Mumbai
Last Updated : May 17 2017 | 5:57 PM IST
Mortgage lender Indiabulls Housing Finance today said it has reduced home loan rate by up to 15 basis points for loans up to Rs 30 lakh.
The company is offering a rate of 8.35 per cent to women borrowers and 8.40 per cent to others.
The new rates are applicable from today. --------------------------------------------------------- Aspire Home Finance disburses Rs 4,142 cr in last 3 yrs
Aspire Home Finance, promoted by Motilal Oswal Financial Services (MOFSL), today said it has provided financial assistance of Rs 4,142 crore to more than 50,000 economically weaker section and lower and middle income customers for purchase of affordable housing in the last three years.
"It is indeed a momentous occasion for all of us and very heartening to see the company reaching the milestone of servicing more than 50,000 customers cumulatively in such a short span of time," MOFSL's chairman and managing director, Motilal Oswal, said in a statement here.
The average loan size of Aspire Home Finance is Rs 9 lakh.

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First Published: May 17 2017 | 5:57 PM IST

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