HUDCO Loan Rates

I want to know the interest rates on loan in Housing and Urban Development Corporation Limited (HUDCO)?

[Shaleen]

The Housing and Urban Development Corporation Limited (HUDCO) is a government-owned corporation in India. It is one of the public sector undertakings, owned by the Union Government and is under the administrative control of the Ministry of Housing and Urban Poverty Alleviation.

Interest Rates for Individuals/ Group of Individuals/ Bulk loans under HUDCO Niwas (w.e.f 11‐09‐2015)

Individual/ Group of Individuals for construction / purchase / Composite loan / Purchase of Plot / Improvement (max. upto 25 years)

Loan Amount Floating Fixed

Upto Rs.8.00 lacs (covered by CRGF). 9.75% @ 11.75% @

Upto Rs.8.00 lacs (not covered by CRGF). 9.75% 11.75%

More than 8.00 lakhupto 50.00 lakh. 9.75% 11.75%

More than 50.00 lakh upto 100.00 lakh. 9.80% 11.80%

Bulk loans for Govt./ Public agencies for providing HBA

Loan Amount Floating Fixed

as per existing guidelines 10.45% 12.65%

‘Rent‐to‐Own’ Scheme ¬

as per existing guidelines 10.45% 12.45%


Interest Rates for Individuals/ Group of Individuals/ Bulk loans under HUDCO Niwas (w.e.f 11‐09‐2015