For the majority of people, owning a home is a major accomplishment and a fulfillment of a dream. And for individuals looking for financial support to buy their own home, a home loan is a true saviour. Banks and other financial institutions frequently offer this kind of financial aid to help you raise your house-buying budget.
If you too want to get a house loan during the holiday season, HDFC Bank is your go-to financial institution. As part of their holiday promotions, this top mortgage provider has announced lower home loan interest rates starting at 8.40% p.a. Home loans, balance transfer loans, loans for home improvements, and loans for home additions are all subject to this interest rate.
According to the HDFC website, the offer is valid till November 30, 2022. Applicants with a credit score of 750 or more who are working, self-employed professionals, or non-professionals are eligible for this offer. But keep in mind that interest rates fluctuate depending on the credit/risk profile that HDFC determines based on a variety of parameters, including segmentation, credit scores, and the repayment of earlier loans, among others.