Housing Development Finance Corporation (HDFC) has increased its Retail Prime Lending Rate (RPLR) on Housing loans, on which its Adjustable Rate Home Loans (ARHL) are benchmarked, by 35 basis points. This increase is with effect from December 20, 2022.
Now, the home loan rates for HDFC will start from 8.65 per cent for credit scores of 800 and above. With this rate hike, the company has now passed on the entire rate hike done by the six-member monetary policy committee (MPC) of the Reserve Bank of India (RBI) to the borrowers.
HDFC offers a whole gamut of products like loans to individuals, loans to corporates, construction finance, and lease rental discounting. The financial conglomerate has subsidiaries and associates in insurance (general and life), asset management, education finance, venture funds and banking services.
| Company Name | CMP |
|---|---|
| LIC Housing Finance | 581.35 |
| Housing & Urban Dev. | 222.10 |
| Bajaj Housing Financ | 87.01 |
| Piramal Finance | 1936.40 |
| PNB Housing Finance | 1065.60 |
| View more.. | |
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