New Delhi: Everyone dreams of his dream. Some people fulfill their dream by adding pie-pie, then some people are unable to fulfill the beautiful dream. In the Corona crisis, people are not even thinking about home. But HDFC has taken the responsibility of fulfilling your dream even in this crisis. You can fulfill your dream by taking a loan from the housing loan company HDFC.
Interest rates on home loans are steadily decreasing during the Corona period. Most banks in the country have cut interest rates more than once. HDFC is also involved in the same. HDFC has cut its loan interest rate by 0.20 percent. These new interest rates have come into effect from Friday, June 12.
This move of HDFC will benefit the customers of retail home loan and nonhousing loan. After the reduction in interest, the interest rates will be in the range of 7.65 percent to 7.95 percent.
HDFC has raised the interest rate cut by the State Bank of India (SBI).
Last month, the Reserve Bank of India cut the repo rate by 0.40 percent and brought it to a historic low of 4 percent. Since then, the loan interest rates are continuously decreasing in the market.