Indiabulls Housing Finance (IBHFL), the country’s second largest housing finance company, has revised home loan rate to 8.65% per annum, a reduction of 45 basis points for its customers, effective from January 03, 2017.
For loan up to Rs 75 lakh, the women customers will have to pay interest at 8.65% per annum. For loan above Rs 75 lakh to Rs 3 crore, the interest rate will be 8.70% p.a., while for loan above Rs 3 crore to Rs 5 crore, the interest rate payable will be 8.80% p.a.
For loan up to Rs 75 lakh, other customers will have to pay interest at 8.70% per annum. For loan above Rs 75 lakh to Rs 3 crore, the interest rate will be 8.75% p.a., while for loan above Rs 3 crore to Rs 5 crore, the interest rate payable will be 8.85% p.a.
Indiabulls Housing Finance is the second largest private housing finance company in India, regulated by the National Housing Bank (NHB).
