Are HDFC Home Loan Interest Rates Attractive in the Rate Cut War?
Since the beginning of the year, the interest rates are on a downward spiral. The Reserve Bank of India (RBI) has eased the key policy rate i.e. Repo Rate. the rate at which the central bank lends to commercial banks, for the fifth straight time, with the latest being the 25 basis points in its October monetary policy meet. The constant cut in the policy rate has kicked off a rate cut war amongst the lenders, particularly on home loans. HDFC Home Loan Interest Rates are also going down, largely mirroring the cut in the home loan space. But are the rates attractive enough? Well, you will know it only when you compare the rates of different lenders. So, what are you waiting for? Just read out the comparison here. HDFC Home Loan Interest Rates HDFC offers home loans at varied interest rates based on the loan amount, profession and the individual’s gender. Women applying for loans upto ₹ 30 lakh must be ready to pay at 8.35%-8.85%. Whereas, male counterparts will pay at a slight...