HDFC Home Loan Rate Hike: Has already increased the interest by 2.25 percent.
new Delhi:
HDFC Home Loan Rate Hike: Before the new year, the country’s largest housing employer Company Limited (HDFC Limited) has given a big blow to its customers. Yesterday i.e. on Monday, HDFC Limited has announced an increase in its lending rate by 35 basis points or 0.35 percent. After which now the minimum rate of home loan of HDFC Limited will increase to 8.65 percent. The new rate on home loans has been implemented from Tuesday, 20 December 2022. Alert has informed about this in the notification to share messages on Monday.
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In such a situation, if you have taken a home loan or are thinking of taking a home loan, then your pocket becomes more loose. Because the increase in the interest rate on the home loan will also increase the monthly EMI of your loan.
Let us tell you that this is not the first time that tax is taken in wages of loan in job. Has increased by 2.25 percent. Regarding the new interest, it is said that this new connection will be attracted only on a customer whose true ‘credit score’ (credit score) will be 800 or more.
Banks or lending institutions use the ‘credit score’ to obtain financial information about an individual before granting credit cards and loans. We can also understand this in such a way that if your ‘credit score’ is good, then you can take a loan at low interest. Apart from this, you can also apply for your favorite credit card.