HDFC cuts rates for new home loans
The country's top housing finance provider HDFC today announced a lower interest rate of 9.75 per cent for new loans up to Rs 30 lakh -- bringing the rates to lowest level in about three years. Under the limited period offer applicable to new floating rate customers, the lender would charge 9.75 per cent for loans up to Rs 30 lakh and 10.75 per cent for bigger loans.
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