DHFL Cuts Home Loan Rates to 9.35%

DHFL, India’s leading housing finance company in the low and middle income segment, announced reduction in its interest rates by 20 bps to 9.35% for its new customers with effect from October 11, 2016. The Company will offer the interest rate of 9.35% for loans upto Rs 30 lakhs which is categorized under affordable housing; thereby enabling home ownership in the low and middle income segment.
Commenting on the move Mr. Harshil Mehta, CEO, DHFL said,” Further to the recent announcement made by the Reserve Bank of India to cut the interest rates, this step taken by DHFL will enable it to pass on the benefit to its end consumers.”

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