New Delhi, Nov 20: Birla Home Finance today launched a special scheme by offering loans at 7.5 per cent across all tenures. The scheme would be valid only for a limited period till November 30, Birla Home Finance said in a release today.

A company official, however, told newspersons, if needed, the scheme could be extended.

Birla Home Finance expects to sanction home loans of around Rs 400 crore and disburse around Rs 300 crore.
Taking the cue from soft interest regime, banks as well as housing finance companies are on a rate-cut spree, which had pulled up the demand in housing sector, market sources said.

Bureau Report