HDFC bank on 15 April 2010 launched Dual Rate Product-2 (DRHL-2). DRHL-2 is a special home loan product at a fixed rate of 8.25 per cent annually up to March 31, 2011 and 9 per cent for the period between 1 April 2011, and 31 March 2012. It will also include the applicable floating rate for the balance term. The fixed rates are applicable for all new loans irrespective of the loan amount.
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