WebSep 30, 2024 · "HDFC increases its Retail Prime Lending Rate (RPLR) on Housing loans, on which its Adjustable Rate Home Loans (ARHL) are benchmarked, by 50 basis points, with effect from October 1, 2024," the country's biggest housing finance company said in a statement. This is the seventh rate increase undertaken by HDFC in the last five months. WebFeb 28, 2024 · In December 2024, HDFC had increased Retail Prime Lending Rate (RPLR) on Housing loans by 35 basis points. Due to inflation, the Reserve Bank of India increased the repo rate by 25 basis points to 6.5 percent in February. Since May of last year, the …
HDFC raises RPLR by 50 bps effective Monday - Financialexpress
WebHDFC's benchmark rate is Retail Prime Lending Rate (RPLR). Between January and November 2002, HDFC cut its rates four times and each time its floating rate customers gained. But this month when it lowered the home loan rate yet again, it did so by cutting its benchmark rate by 25 basis points as well as introducing a new rate by offering a ... WebAug 9, 2024 · Housing finance provider Housing Development and Finance Corporation (HDFC) on Monday announced increase in the retail prime lending rate (RPLR) on housing loans. CHANGE LANGUAGE. ... The announcement comes around a week after HDFC raised the RPLR by 25 bps, with effect from August 1. The key lending rate have been … hemming carpet
HDFC raises adjustable home loan rate: What this means for …
WebMay 1, 2024 · After the RPLR hike, HDFC’s adjustable-rate home loans for customers with a credit score of above 750 will now be 6.75 percent as against 6.7 percent earlier. ... The increase in lending rates ... WebJul 30, 2024 · This is the first hike in RPLR rates by HDFC in the quarter ended September 30. ... This interest rate will increase by 50 bps from August 1. For home loans up to Rs … WebOct 1, 2024 · In a statement, the company said that as of October 1, 2024, "HDFC increases its Retail Prime Lending Rate (RPLR) on Housing loans, on which its Adjustable Rate Home Loans (ARHL) are benchmarked, by 50 basis points, with effect from October 1, 2024." House loans are available from HDFC Limited with interest rates starting at 8.10% p.a. hemming carpet to make an area rug