Key Points
HDFC Bank plans to launch the Home Saver product in April and Home Refurbishment loans in the coming months, said a senior bank official speaking to the media on Thursday...
HDFC Ltd offered a Home Refurbishment loan before its merger with HDFC Bank, and it will be relaunched soon...
Both the products will be offered to the existing and new customers, Arvind Kapil country head mortgage banking, home loan, and LAP at HDFC Bank told media persons..
The Home Refurbishment loan is likely to be 100 basis points higher than the rate at which the bank charges home loans, he said.. HDFC Bank currently charges between 8.55% and 9.10% on home loans linked to the external benchmark lending rate (EBLR)...
Arvind Kapil said that HDFC Banks market share in the retail home loan segment has risen by 20% on incremental disbursement, and it is seeing 3.6% growth sequentially the highest amongst peers...
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