Home loan interest rates
This presentation is the property of its rightful owner.
Sponsored Links
1 / 7

One-minute guide: Interest rate on home loans PowerPoint PPT Presentation


Home loans at attractive interest rates from HDFC Home loans. Best home loan rates for women and salaried individuals.Home loans at lower processing fees

Download Presentation

One-minute guide: Interest rate on home loans

An Image/Link below is provided (as is) to download presentation

Download Policy: Content on the Website is provided to you AS IS for your information and personal use and may not be sold / licensed / shared on other websites without getting consent from its author.While downloading, if for some reason you are not able to download a presentation, the publisher may have deleted the file from their server.


- - - - - - - - - - - - - - - - - - - - - - - - - - E N D - - - - - - - - - - - - - - - - - - - - - - - - - -

Presentation Transcript


Home loan interest rates

Home Loan Interest Rates


One minute guide interest rate on home loans

One-minute guide: Interest rate on home loans


One minute guide interest rate on home loans

  • MCLR: MCLR is the new benchmark lending rate for floating rate loans.

  • This is the minimum interest rate at which commercial banks can lend.

  • All banks moved to MCLR in April this year. This rate is based on four components—marginal cost of funds, negative carry on account of cash reserve ratio, operating costs and tenor premium.


One minute guide interest rate on home loans

BASE RATE

Till 31 March this year banks used to lend on base rate, which was the minimum Home Loan Interest Rates at which commercial banks could lend to customers. Base rate mainly includes three things: cost of fund, unallocated cost of resources and return on net worth. The ratio of these three elements differed across lenders.


One minute guide interest rate on home loans

  • BPLR Till June 2010, BPLR was used as the benchmark rate by banks for lending. Banks would keep BPLR at an artificially high level and charge most of their borrowers a rate much below this.

  • [Source: http://www.livemint.com/Money/Vl55GxfRmefTeY0fadqEHO/Oneminute-guide-Interest-rate-on-home-loans.html]


One minute guide interest rate on home loans

Follow us on :

https://www.facebook.com/HDFCHomeLoanExperts

https://twitter.com/HomeLoansByHDFC

https://www.youtube.com/user/hdfcltd

https://www.linkedin.com/company/hdfc?trk=top_nav_home


One minute guide interest rate on home loans

Click to know more on Home Loan Interest Rateshttps://www.hdfc.com/home-loans-salaried

Thank You…


  • Login