Indiabulls Housing Finance Limited announced its revised home loan rate of 9.15%, a reduction of 15 basis points for its customers, effective 4th November.
Gagan Banga, Vice Chairman and Managing Director, Indiabulls Housing Finance said, “We havealways strived to provide our customers with superior services & the most competitive rates. Areduction of 15 basis points in our interest rates is an effort to pass on greater benefits to ourcustomers. A positive economy and falling interest rates will give affordable housing an impetus and we are poised to cater to this expected increase in demand.”
IBHFL explored multiple ways to reduce the cost of loans for its customers. Introducing the technology led e-Home Loans, diversifying its borrowing portfolio and the general push towards greaterefficiency have all resulted in greater effectiveness and in turn, cheaper loans. The benefit of this being passed on to customers is in line with the company’s values to provide the best in class service and experience.