 "HDFC")
Mortgage lender HDFC has hiked its home loan rates by 35 basis points (bps), effective December 20, the company said in a statement on Monday. Now, the home loan rates for HDFC will start from 8.65 per cent for credit scores of 800 and above.
With this rate hike, HDFC has now passed on the entire rate hike done by the six-member monetary policy committee (MPC) of the Reserve Bank of India (RBI) to the borrowers. The MPC has hiked the policy rate by 225 bps since May, and so has HDFC.
The rates offered by HDFC on its home
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