The private Mortgage Lender Company HDFC has rolled out a new fixed rate home loan product. The company has launched this product for a very limited period and that too on the occasion of the New Year. With the help of this product the company desires to lure more customers.

Apart from launching of this scheme the company has also reduced it rates by 0.15% on its various products. Earlier this month, Axis Bank had launched a 20-year home loan scheme at a fixed rate of 10.40 percent for loans of up to Rs 50 lakh. This scheme will be applicable on all the existing home loan products of the company as well. This offer shall be applicable to all customers who apply between December 22 and January 31, 2015.