Finance
State Bank of India (SBI) has decreased its Benchmark Prime Lending Rate by 0.75%, or 75 basis points with effect from Wednesday, June 10, 2020. This interest rate cut will reduce the cost for those people who have taken their loans on floating rate of interest.
HDFC Bank Ltd has revised downwards its term deposit interest rates by up to 0.25%, or 25 basis points with effect from Tuesday, July 21, 2020. The new rates of interest shall be applicable to all fresh fixed deposits and renewals of maturing term deposits.
HDFC Bank Ltd has decreased its personal loan interest rates by 0.20%, or 20 basis points with effect from Tuesday, July 07, 2020. This interest rate cut will reduce the cost of funds for those people who want to avail HDFC Bank personal loans.
HDFC Bank Ltd has decreased its loan against securities interest rates by 0.20%, or 20 basis points with effect from Tuesday, July 07, 2020. This interest rate cut will reduce the cost for those people who want to avail loan against mortgage of their securities.
HDFC Bank Ltd has decreased its loan against property interest rates by 0.50%, or 50 basis points with effect from Tuesday, July 07, 2020. This interest rate cut will reduce the cost for those people who want to avail loan against mortgage of their immovable property.
HDFC Bank Ltd has decreased its home loan interest rates by 0.20%, or 20 basis points with effect from Saturday, June 13, 2020. This interest rate cut will reduce the cost for those people who have taken their home loan advances on floating rate of interest.
HDFC Bank Ltd has decreased its gold loan interest rates by 0.20%, or 20 basis points with effect from Tuesday, July 07, 2020. This interest rate cut will reduce the cost of funds for those people who want to avail HDFC Bank gold loans.
HDFC Bank Ltd has decreased its education loan interest rates by 0.20%, or 20 basis points with effect from Tuesday, July 07, 2020. This interest rate cut will reduce the cost of funds for those people who want to avail education loans for their higher studies.
HDFC Bank Ltd has decreased its car loan interest rates by 0.20%, or 20 basis points with effect from Tuesday, July 07, 2020. This interest rate cut will reduce the cost of funds for those people who want to avail auto loans for buying their new cars.
HDFC Bank Ltd has decreased its Benchmark Prime Lending Rate by 0.20%, or 20 basis points with effect from Friday, June 12, 2020. This interest rate cut will decrease the cost for those people who have taken their loans on floating rate of interest.