HDFC Ltd. mentioned it has elevated its Retail Prime Lending Rate (RPLR) on housing loans, on which its Adjustable Rate Home Loans (ARHL) are benchmarked, by 25 foundation factors, with impact from March 1.
This comes weeks after the Reserve Bank of India (RBI) elevated the repo price by 25 bps to manage inflation.
HDFC mentioned for purchasers whose credit score rating is 760 and above, the rate of interest can be 8.70% each year.
