HDFC has once again announced an increase in the prime lending rate by 0.35 percent. Due to this, the minimum interest rate of home loan has increased to 8.65 percent. The new rate has been implemented from Tuesday i.e. 20 December.

In the information sent by HDFC to the stock market, it was said that the prime lending rate has been increased by 0.35 percent to 8.65 percent. Those with a credit score of 800 or more will get the facility , let us tell you that HDFC has increased its loan rate by 2.25 percent since May.

HDFC said that the new rate of 8.65 percent will be applicable only for those customers whose ‘credit score’ will be 800 or more. The company claims that this is the lowest rate of home loan. Earlier, it was announced by HDFC Bank to issue 10 lakh credit cards every month. With this, there is a plan to directly benefit the customers of the bank. Bank has prepared a plan for the benefit of the customers In order to fulfill the plan of issuing 10 lakh credit cards every month on behalf of the bank, the bank has prepared a plan for the benefit of the customers.

There are plans to partner with several industries ranging from online retail to food delivery to increase spending on credit cards. In the information given by the country head of the bank, Parag Rao, it was told that at present this number is 5 lakhs, which is planned to be increased to 10 lakhs. To achieve this target, the customers will be benefited by the schemes they get from the companies.

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