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Q.

What is the interest rate in HDFC reach home loan?

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0 2023-03-19T18:07:07+00:00

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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Check out best home loan deals and lowest interest rates with NoBroker 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 l

oan against property

is 12.20%

Loan Slab

Interest Rates (% p.a.)

Any loan amount

11.25 to 14.85

This is all from my end on HDFC reach home loan interest rate.

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