LIC Housing Finance has reduced new home loan interest rates to 7.50 per cent , effective June 19, following the RBI’s repo rate cut. The move coincides with its 36th Foundation Day and aims to boost home ownership in affordable and mid-income segments
The scheme christened Griha Varishtha is designed for employees or pensioners covered under the Defined Benefit Pension Scheme (DBPS), as per an official statement.
