Will HDFC Reduce Home Loan Rate? “HDFC has reduced its retail prime lending rate on housing loans, on which its adjustable rate home loans are benchmarked, by 0.10%, effective October 15, 2019,” a company spokesperson said. The interest rate will range from 8.25% to 8.65%, depending on the borrower. Is HDFC Bank reduced interest rate?
Is It Worth To Transfer Home Loan? Switching your home loan is advisable if the outstanding loan tenor is longer. If you are approaching the end of your home loan in 1-2 years, it will not make much sense to transfer your home loan. As, the cost involved in transferring your home loan might exceed
What Are The Three Types Of Debt Restructuring? Extending the repayment term. Reducing the interest rate. Reducing the remaining balance. Bringing a past-due account current and adding the unpaid portion back to the principal balance. What are the types of debt restructuring? There are various modalities of restructuring the debt such as, (i)lower the interest