When it is a question of purchasing a home with a home loan, the primary objective of the borrowers is to find a cheap interest rate loan. HDFC Bank India home loan rates are one of the cheapest rates that are available in the Indian home loan market.
About HDFC Bank India Home Loan Interest Rates
HDFC Bank India home loan rates are one of the most competitive rates available in the home loan market. The table given below will give you an idea about these rates:
||Fixed Interest Rate
||Flexible Interest Rate
|Upto and including Rs 30 lacs
||RPLR - 5.50
|Rs.30.01 lacs to Rs.75 lacs
||RPLR - 5.25
||Rs.75.01 lacs and above
||RPLR - 5.00
The base rate of HDFC Bank India has been fixed at 7.75% effective from 02-jan-2011
Advantages offered by HDFC Bank India home loans
Given below are some important advantages offered by HDFC home loans
- Flexible repayment terms
All the home loans offered by HDFC Bank India are available with convenient and flexible repayment terms. The repayment terms have been scheduled to fit the requirements of the borrowers.