HDFC reduces its Retail Prime Lending Rate (RPLR) on housing loans.
The change will benefit all existing HDFC retail home loan customers, it added. (Photo: iStock)
Home loans are set to get cheaper as mortgage lender HDFC Ltd has reduced its retail prime lending rate (RPLR) by 10 basis points (0.10 per cent).
“HDFC reduces its Retail Prime Lending Rate (RPLR) on housing loans, on which its Adjustable Rate Home Loans (ARHL) are benchmarked, by 10 basis points, with effect from November 10, 2020,” HDFC said in a release on Monday.
The change will benefit all existing HDFC retail home loan customers, it added.
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