Mumbai: Housing finance company HDFC said on Jan 31, that it has decreased its retail prime-lending rate (RPLR) by 25 basis points, with effect from February 1. The decrease in rates will benefit all the existing borrowers. The HDFC''s current RPLR is 14 per cent, which will now reduce to 13.75 per cent. For the new home loan customers, HDFC''s rate of interest under the Adjustable Rate Home Loan continues to be at 10.25 per cent.
Friday, February 1, 2008
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