The back-to-back interest rate hikes had come as a major challenge for the existing homeowners who either were opting to refinance their loans or partially repay them to reduce their financial burden.
HDFC Ltd offers low home loan interest rates starting from 8.20 per cent (for those with 800 plus credit score) per annum, the statement said. For those who do not have the required credit score, the interest rate may vary between 8.40 per cent to 8.90 per cent.