Indiabulls Housing raises lending rates by 20 bps

Indiabulls Housing raises lending rates by 20 bps
08/08/2018 , by , in ALLIED

Top-rated Indiabulls Housing Finance raised interest rates by 20 basis points in home loans following a quarter percentage point rise in the policy rates by the RBI last week.

The revised rate of interest on new home loans for women applicants/co-applicants will now start at 8.7 per cent for loans up-to Rs 35 lakh. It is 8.8 per cent onwards for loans above Rs 35 lakh.

The interest rates would be five basis points higher for non-women applicants.

The increase in rate will be applicable for both new and existing customers of the company, it has stated in a release.

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