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HDFC increases retail prime lending rate on housing loans

28 Feb 2023 Evaluate

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 25 basis points. This increase is with effect from March 1, 2023.

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.

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