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What are the ‘rate of interest’ options for home loans?

mahindra-finance-author

by Mahindra Finance

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June 22, 2023

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1 mins read

Fixed for all customers other than salaried semi-urban class customers: The rates will be fixed during the tenure of the loan and applicable as prevalent on the date of 1st disbursement, subject to revision every 3 years depending on the money market conditions.

Variable for salaried semi-urban and urban class customers: The rates will fluctuate as per the money market conditions and will be notified from time to time.

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