– Limited period offer up to 15th April’ 2015
– Fixed and Floating interest rate options
Indiabulls Housing Finance Ltd (IBHFL), country’s second largest private housing finance company has launched a limited period offer by reducing the interest rates for their home loans to 10.10%, a reduction of .05 basis points from its existing rate of 10.15%. The rates are applicable from 12th March 2015 onwards up to 15th April’ 2015.
Mr. Gagan Banga, Vice Chairman & MD, IBHFL said, “The RBI has reduced the repo rates twice in the period of three months, giving thumbs up to the government’s path of fiscal consolidation. One of the key beneficiaries of the repo rate reduction would be home loan borrowers who would see a reduction in their interest outgo. As a leading HFC, this offer is another commitment to our long term relationship with our customers, and we hope that these benefits bring them closer to owning a home of their own”
With the new ROI @ 10.10%, customers can avail home loan of up to Rs. 50 lacs with EMI’s starting at Rs. 885/- per lac, additionally the customers also have the choice of opting for fixed or floating rates on their home loans. IBHFL aims to provide most competitive interest rates and excellent services to our customers. With customized product offerings and hassle-free processes we endeavor to make the Indiabulls experience a superior one.