In the case of ICICI Bank, loans above Rs 30 lakh will be available at 8.5% and 8.55% for women and other borrowers respectively. HDFC Bank offers uniform rates for men and women at 8.5% for loans between Rs 30 lakh and Rs 75 lakh, and loans above Rs 75 lakh at 8.55%.
MUMBAI: India's largest housing finance company HDFC and the largest private lender ICICI Bank have slashed interest rates and are now offering home loans of up to Rs 30 lakh at 8.35% — the same rate which State Bank of India offers.
In terms of the new schedule of rates, salaried women borrowers will get home loans at 8.35% and others at 8.40% for loans up to Rs 30 lakh.
According to ICICI Bank officials, the last time home loan rates were at current levels was in 2009.