Mumbai: Country's premier housing finance company, HDFC today reduced its Retail Prime Lending Rates (RPLR) by 0.25 per cent.

The reduction will become effective from February 1, 2008, and will benefit all existing floating rate customers over the period of next three months based on their respective reset dates, HDFC said in a release here today.

For new home loan customers, the rate of interest continues to be at 10.25 per cent under the Adjustable Rate Home Loan (ARHL), HDFC said.

Source : PTI