Housing Development Finance Corporation (HDFC), the country’s premier housing finance entity has increased its Retail Prime Lending Rate (RPLR) by 10 basis points (bps) to 16.75% per annum with effect from December 1.
With this increase, the housing finance company’s interest rates on home loans of up to Rs 30 lakh will go up to 10.50% per annum while for loans amounting more than Rs 30 lakh, the rate will now be 10.75% per annum. This is the first rate increase by the firm since it had hiked it by a similar amount on August 24.
HDFC is India’s premier housing finance entity in existence for over 35 years. With a presence in banking, insurance and asset management, the HDFC group is an important part of the Indian financial services.
| Company Name | CMP |
|---|---|
| LIC Housing Finance | 581.30 |
| Housing & Urban Dev. | 232.30 |
| Bajaj Housing Financ | 87.55 |
| Piramal Finance | 2017.85 |
| PNB Housing Finance | 1090.90 |
| View more.. | |
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