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

Car loan fixed vs floating interest rate – Meaning and benefits

Planning to buy a car? Understanding the loan terms is crucial to make an informed choice. When you apply for a car loan, you’ll come across terms like fixed interest rate loans and floating int...

KNOW MORE

April 17, 2024

Home Loan For Self Employed: Everything You Need To Know

Home Loan For Self Employed: Everything You Need To Know

Introduction Owning a home is a dream shared by many, but for self employed individuals, obtaining a home loan can seem tough. However, securing a home loan can be within reach with the right knowledg...

KNOW MORE

August 27, 2024

Top Swaraj Series Tractors Currently Available In India 2022

When it comes to tractors, Swaraj is one of the most trustworthy and oldest brands in India. The company has been in the tractor business for decades and currently offers...

KNOW MORE

June 29, 2023