New Delhi, April 16,2015
Private sector housing finance company India Infoline Housing Finance Ltd (IIHFL) has cut the interest rate on its home loans by 25 basis points to 9.90%, from 10.15% earlier. The reduced rates will be applicable with immediate effect.
Monu Ratra, CEO, IIHFL said, “The RBI has reduced reporates by 50 basis points since January and as a leading housing finance company, we would like to pass on the benefits to our home loan borrowers.
Also, as a part of our efforts to bolster government’s focus on housing for all by 2022, we would like to ensure that home loan borrowers benefit from lower monthly installment outflows.
We believe, the home loan rate downtrend is likely to continue and would benefit small home buyers in the next few years, as the economic environment improves further.”
PTI
New Delhi, November 14, 2024: In the past decade, urban spaces across the country have…
Gurugram, November 14, 2024: ALBAN, by Pyramid Infratech, is a marquee project located in sector-71, Gurugram.…
As IA continues to move on its expansion spree, it is poised to meet the…
The group Aims to Deliver Quality and Affordable Housing Along Bhiwadi-Alwar Highway New Delhi, November…
Mumbai, November 12, 2024: Build Nivesh LLP (formerly known as 'Labdhi Nivesh LLP'), has announced final…
With 243 units sold over 1.60 lakh sq. ft. carpet area, The Guardians Real Estate…