Tata Capital: Offer Lower Rates to Women Housing Loan Borrowers..


Tata Capital offers temporary fee sop to new home loan seekers

lines of similar offerings being made by state-run institutions like SBI (State Bank of India) and  LIC HFL (LIC Housing Finance).

Women availing of a housing loan under Rs. 40 lakh can now get credit at 10.15% as against the normal 10.50%, the company said in a statement.




The scheme can be availed of till March 8, 2015 which is celebrated as the Women's Day.

"Owning a home should no longer only be a man's dream and our aim here is for women to have the financial empowerment to buy their dream home," Tata Capital's Mr. R Vaithianathan said.
 
At present, SBI's minimum rate of lending for women borrowers stands at 10.10%.

LIC HFL, the lending arm of the life insurance behemoth, has been running a special scheme for women borrowers for over a year now and has been reporting good business from the stream.


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