What is the interest rate in HDFC reach home loan? The HDFC Reach Home Loan is perfect for low-income and economically weaker sections of society. From what I know, the interest rate ranges from 8.40% to 9.25% per annum. The HDFC reach resident home loan interest rate for economically weaker sections (EWS) and low-income groups (LIG) is fixed at 6.90% per annum. The changed interest rate is a part of the government’s ‘Housing for All’ initiative. Take a look at the table to know HDFC reach rate of interest 2023. The retail prime lending rate is 18.55%
Loan Slab
Interest Rates (% p.a.)
Any loan amount
10.25 to 13.85
The retail prime lending rate for Top Up loans and residential plot loans is 18.55%.
Loan Slab
Interest Rates (% p.a.)
Any loan amount
10.75 to 14.35
The retail prime lending rate for non residential premises (Built-Up) and loan against property is 12.20%
Answer ( 1 )
Hey,
I spoke to the bank manager at a local HDFC branch. He told me, securing the right home loan is an important step for potential property owners. One of the most popular loans in 2022 and 2023 is the HDFC home loan. I will share details about it, including HDFC reach home loan interest rate.
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What is the interest rate in HDFC reach home loan?
The HDFC Reach Home Loan is perfect for low-income and economically weaker sections of society. From what I know, the interest rate ranges from 8.40% to 9.25% per annum.
The HDFC reach resident home loan interest rate for economically weaker sections (EWS) and low-income groups (LIG) is fixed at 6.90% per annum. The changed interest rate is a part of the government’s ‘Housing for All’ initiative.
Take a look at the table to know HDFC reach rate of interest 2023. The retail prime lending rate is 18.55%
The retail prime lending rate for Top Up loans and residential plot loans is 18.55%.
The retail prime lending rate for non residential premises (Built-Up) and loan against property is 12.20%
This is all from my end on HDFC reach home loan interest rate.
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