HOME LOAN FOR POOR AT 4%

Weaker sections of the society will now be able to access housing loans of Rs. 20,000 at just four per cent. Under the “Differential Rate of Interest (DRI) Scheme” banks provide finance at a rate of four per cent to the weaker sections of the community engaged in gainful occupations. The Union Budget has proposed to raise the limit of the housing loan from Rs. 5,000 to Rs. 20,000 per beneficiary.