by niranjan | Jan 10, 2017 | Real Estate
The RBI has mandated that banks should base the interest rates of the home loans that they give on MCLR (Marginal cost of funds lending rate) as against the PLR (Prime Lending Rate) which they used to base it on earlier. They have changed over for the loans that they...
by niranjan | Aug 21, 2015 | Finance, Loans, Real Estate
This is for those who have taken a home loan from HDFC. It may be applicable to loans from other institutions, but I’m not sure. If you have taken a loan a couple of years back, your interest rate should be around 10.45 – 11%. Now it has come down to around 9.85%. One...
