1 min read.Updated: 20 Jun 2022, 08:12 PM ISTLivemint
The new interest rates on home loans will now start from 7.50% with effect from June 20.
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Life Insurance Corporation-backed LIC Housing Finance has raised its prime lending rate by 60 basis points with effect from Monday onward. With this hike, the interest rate on home loans has also risen making EMIs costlier.
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