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LIC Housing Finance Reduces Interest Rate in Line With Recent RBI Repo Rate Cut
June 22, 2025
|The Business Guardian
LIC Housing Finance has reduced its rate of interest on new home loans by 50 basis points, in line with the similar degree of repo rate cut by the Reserve Bank of India (RBI).
With this revision, interest rates on new home loan sanctions will now start from 7.50 per cent, effective June 19, 2025, coinciding with the company's 36th Foundation Day, it said in a statement Saturday.
This move by LIC Housing Finance is aimed at passing on the benefit to new home loan customers to encourage homeownership and improve affordability.
هذه القصة من طبعة June 22, 2025 من The Business Guardian.
اشترك في Magzter GOLD للوصول إلى آلاف القصص المتميزة المنسقة، وأكثر من 9000 مجلة وصحيفة.
هل أنت مشترك بالفعل؟ تسجيل الدخول
المزيد من القصص من The Business Guardian
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