HDFC announces festive home loan offer with rates at 6.70%

HDFC, India's premier housing finance company, today unveiled its special limited period offer for the upcoming festival season. Under this special offer, customers can avail HDFC Home Loan starting at 6.70% pa effective 20th September 2021. This Offer will be applicable to all new loan applications irrespective of the loan amount or employment category. The special rate is linked to borrower's credit score. This is a close ended scheme and will be valid till 31st October 2021.

"We are pleased to announce the special home loans rates for the upcoming festive season. I am sure that this offer will help prospective House buyers to realize their house buying dream and bring festive cheer. Housing is much more affordable today than it ever was. In the last couple of years, property prices have more or less remained the same in major pockets across the country while income levels have gone up. Record low interest rates, subsidies under PMAY and the tax benefits have also helped." said Ms. Renu Sud Karnad, Managing Director, HDFC Ltd.

Shares of Housing Development Finance Corp. Ltd was last trading in BSE at Rs. 2743.35 as compared to the previous close of Rs. 2825.3. The total number of shares traded during the day was 57362 in over 3684 trades.

The stock hit an intraday high of Rs. 2804.7 and intraday low of 2734.05. The net turnover during the day was Rs. 159286217.

Source : Equity Bulls

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