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

How To Use Your Business Loan To Expand Your Business?

Are you an entrepreneur with big dreams of expanding your business? Do you have ideas for growth but lack the necessary funds to make them a reality? You’re not alone. Many small business owners...

KNOW MORE

April 10, 2024

The-role-of-credit-scores-in-credit-card-approval

The Role Of Credit Score In Credit Card Approval

Credit cards have become an essential financial tool for many Indians. They offer convenience, flexibility, and the opportunity to build a good credit history. However, you need a credit score for cre...

KNOW MORE

June 28, 2024

Understanding-Home-Loan-Processing-Fees

Understanding Home Loan Processing Fees

Owning a home is a dream for many, but the financial aspects can be overwhelming. One crucial aspect to understand is home loan processing fees. These charges cover administrative costs related to eva...

KNOW MORE

August 14, 2024