Housing Development Finance Corporation Limited NSE India S.E.

Equities

HDFC

INE001A01036

Housing Development Finance : HDFC reduces its Lending Rates

October 06, 2015 at 01:44 am EDT

3e4b1b8e12c8c9ff2d450d.pdf HDFC REDUCES ITS LENDING RATES

Reduction to benefit all customers

HDFC Limited, the premier housing finance company, today announced a reduction in its Retail Prime Lending Rate (RPLR) by 25 basis points, with effect from October 06, 2015. This reduction would benefit all customers.

The effective Home Loan rates for new customers would be 9.65% pa and for women will be 5 basis points lower at 9.60% pa.

The reduction in the RPLR will also be applicable on loans to Non-Resident Indians (NRIs)/ PIO's Card holders.

HDFC has recently made similar reduction in its deposit rates across all maturities.

For media queries contact: Mr Mahesh Shah

Head - Public Relations, HDFC Ltd Tel: 66316410 / 9820414098

October 5 , 2015

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Company Profile

Housing Development Finance Corporation (HDFC) specializes in real estate loan. Net sales (including intragroup) break down by activity as follows: - real estate loan (45.7%): INR 66.2 billion of granted loans in 2018/19; - life insurance (39%); - non life insurance (12.3%); - asset management (2.3%); - other (0.7%).

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