Business

Shares of HDFC were last trading 0.22 per cent lower at Rs 2,737.35 apiece on BSELeading home mortgage lending institution Housing Development Financing Corporation (HDFC) revealed a special limited duration deal for the festive season with the latest home mortgage interest rates beginning at 6.70 percent.

As part of the joyful season offer, clients can avail the HDFC home mortgage at 6.70 percent from September 20, 2021, according to a regulatory exchange by the business to the stock market today.

The joyful season deal on home mortgage will be applicable to all brand-new loan applications irrespective of the loan amount or the work classification, and this special rate is linked to the debtor's credit report.

It is a close ended plan and will stand till October 31, 2021, added the premier real estate finance company in its statement on Tuesday, September 21.

Customers can go to the official website -https://www.hdfc.com/, to obtain the home mortgage at the current rates of interest.

Real estate is far more budget-friendly today than it ever was.

In the last number of years, residential or commercial property costs have basically stayed the same in major pockets throughout the country while income levels have increased.

Tape-record low rate of interest, aids under PMAY and the tax benefits have actually likewise assisted, said Ms.

Renu Sud Karnad, Managing Director, HDFC Limited.

On Tuesday, September 21, shares of HDFC were last trading 0.25 per cent higher at Rs 2,750.30 apiece on the BSE.

On Tuesday, HDFC opened on the BSE at Rs 2,75.35, signing up an intra day high of Rs 2,765.55 and an intra day low of Rs 2,730.05, in the trading session so far.

Just Recently, State Bank of India - the country's biggest lender also decreased its mortgage interest rate to 6.70 percent, irrespective of the loan amount in an unique festive season offer for clients.

Kotak Mahindra Bank likewise slashed its mortgage interest rate to an all-time low of 6.5 percent in a limited period offer which will continue till November 8, 2021.





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