Dewan Housing Finance Ltd (DHFL) has cut its home loan rate to 9.90 per cent from 10.15 per cent. This interest rate cut is effective from April 15.
Kapil Wadhawan, CMD, DHFL, said the reduction in the interest rate to 9.90 per cent is to enable home ownership in tier-2 and 3 towns for each and every Indian, especially in the low and middle-income segment.
In the last few days, a host of lenders, including HDFC, State Bank of India, and ICICI Bank have announced cuts in their home loans rates.
COMMENT NOW
Comments
Comments have to be in English, and in full sentences. They cannot be abusive or personal. Please abide by our community guidelines for posting your comments.
We have migrated to a new commenting platform. If you are already a registered user of TheHindu Businessline and logged in, you may continue to engage with our articles. If you do not have an account please register and login to post comments. Users can access their older comments by logging into their accounts on Vuukle.