Home >Politics >News >Home loans up to 15 lakh get 1% rate waiver

New Delhi: The Union cabinet has cleared a proposal to extend the interest subvention of 1% on housing loans up to Rs15 lakh where the cost of the house does not exceed Rs25 lakh for one more year. A budgetary provision of Rs400 crore has been provided for 2012-13 for the implementation of the scheme.

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