DHFL Housing to offer loans at 9.35%
Under the National Housing Bank’s Refinance Scheme of Rural Housing Fund, DHFL Housing Finance will grant housing loans at 9.35 per cent interest for 7 years fixed loans up to Rs 15 lakh.
DHFL Housing Finance, Managing Director, R Nambirajan said in a release NHB has decreased the interest rate under this refinance scheme to 7.35 per cent with effect from February 1,and has instructed housing finance companies to grant housing loans under this scheme with interest rates not exceeding 9.35 per cent.
Step has been taken by company in this regard and it also declared to grant housing loans upto 15 years, with interest rate fixed for first-seven years at 9.35 per cent, and subsequently floating with a minimum of 11.50 per cent from the 8th year to 15th year.
Source: Business Line
DHFL Housing Finance, Finance companies, Housing loans, Interest rate, National Housing Bank’s Refinance Scheme of Rural Housing Fund, R Nambirajan
