Scheme of 1% interest subvention on housing loans upto Rs.10 lacs

Last updated: 01 October 2009

The Government today launched an interest subvention scheme of 1% on all individual housing loans upto Rs.10 lakh for units costing upto Rs. 20 lakh. The scheme recognizes that cut in interest rates has an important role to play in reducing EMIs of borrowers creating additional demand for

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