Special home loan floating rate offer from HDFC

Among the other housing finance companies, LIC Housing Finance has also been offering a special rate of 10.5-10.75 per cent since Onam. Ms Renu Sud Karnad, Executive Director, HDFC, said, Our lending rates are a function of our cost of funds and we have seen a reduction in our cost of funds. . HDFC had been offering a special interest rate of 11 per cent (from 11.25 per cent) as part of the Monsoon offer since June. HDFC s fixed rate is currently at 13.25 per cent.

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