Home loan rates slashed by DHFL
DHLF the mortgage lender has cut its home loan lending rates by 0.25 per cent across categories for new customers.
This is the second time the lender reducing interest rates within a month.
It said in a statement that the variable rate of interest for loans of up to Rs 15 lakh has been cut to 10.75 per cent from 11 per cent, while for those above Rs 30 lakh but up to Rs 75 lakh will come at 11.25 per cent and those above Rs 75 lakh at 11.75 per cent.
DHLF had earlier cut rates by 0.25 percent on October 10. The home loan branch of real estate has been witnessing some high indulgence by the bankers in recent times as there has been less demand from the large borrowers due to slow economic conditions.
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