login-icon
mahindra-finance-logo
login-icon
  • English
  • Hindi
  • Bengali
  • Marathi
  • Telugu
  • Tamil
  • Gujarati
  • Kannada
  • Odia
  • Malayalam
  • Punjabi
phone

Download App

Conveniently pay your EMIs, set payment reminders, view your loan details.

phone
|

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

mahindra-finance-author

by Mahindra Finance

|

June 22, 2023

|

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.

Related articles

7 Reasons Why Tracking Your Car Loan Balance Is Important

Introduction Owning a car brings joy and convenience to our lives. It allows us to commute comfortably and carry out our daily activities with ease. However, when it comes to financing the purchase of...

KNOW MORE

May 13, 2024

How To Claim Home Loan Interest In Income Tax Return

Owning a home is a dream for many, but the journey often involves taking a home loan. The good news is that you can claim tax benefits on the interest you pay on your home loan. Understanding how to c...

KNOW MORE

April 18, 2024

Types of Vehicle Loans Available in India

Buying a car of your own is a ‘dream come true’! When you are young, owning your first car can be identified as a symbol of success. However, purchasing a vehicle is not a cheap affair. If you hav...

KNOW MORE

June 29, 2023