BWI: HDFC Ltd Launches Dual Rate Product - 4

Press release from Business Wire India
Source: Housing Development Finance Corporation Limited
Tuesday, September 07, 2010 06:00 PM IST (12:30 PM GMT)
Editors: General: Consumer interest, Economy; Business: Advertising, PR & marketing, Banking & financial services, Business services, Construction, Financial Analyst, Real estate
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HDFC Ltd Launches Dual Rate Product - 4


Mumbai, Maharashtra, India, Tuesday, September 07, 2010 -- (Business Wire India) -- Highlights:

. 8.50% p.a. Fixed Rate up to 31st March, 2011, 9.50% p.a. for period between 1st April, 2011 and 31st March, 2012 and Floating Rate for the Balance term.

. Same Interest Rates irrespective of the Loan amount.

HDFC Ltd has introduced Dual Rate Home Loan - 4 (DRHL- 4). This offer is applicable to all new home loan customers who apply on or before 30th September 2010 and take at least part disbursement before 31st October, 2010.

Under this offer, Home loans will be available at a fixed rate of 8.50% p.a. up to 31st March,2011, 9.50% pa for period between 1st April, 2011 and 31st March, 2012 and the applicable floating rate for the balance term. These rates are applicable for all new home loans irrespective of the loan amount.

The DRHL-4 is available to the NRI and PIO customer segments too. The self employed customers can also apply under the DRHL-4 and avail the same special interest rate offer.


CONTACT DETAILS
Mahesh Shah, Housing Development Finance Corporation Limited, +91(22) 66316410, maheshs@hdfcindia.com

KEYWORDS
CONSUMER, ECONOMY, MARKETING, BANKING, BUSINESS SERVICES, CONSTRUCTION, Financial Analyst, REAL ESTATE

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