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Our Bureau

Mumbai, May 1

Housing Development Finance Corporation would hike its home loan rates across the board by half a per centage point, effective May 2, 2006.

Its minimum fixed home loan interest rate is now 10.5 per cent, and its minimum floating rate 9 per cent, said company sources. Its prime-lending rate is now 11.75 per cent.

The company had last hiked its rates in February 2006, again by half a per centage point.

More Stories on : Housing Finance | Interest Rates | Housing Development Finance Corporation Ltd

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