Assuming after few months, the bank decided to reduce the home loan interest rate for new customers to 9.10% without decreasing MCLR. Therefore, again there will be the difference between your and new customers interest rate. Bank will again charge home loan conversion fees to reduce your spread from 0.20% to 0%.
The Rs 25 Lakh Home Loan by HDFC Bank allows you to: Buy an under-construction/ready property from a developer. Buy a resale property. Construct a bungalow on a plot of land. Make improvements and extensions to an already existing house. The Home Improvement Loan from HDFC Bank can facilitate structural improvements to your existing house, such as:
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