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What is LHPLR?

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Anonymous

 ∙ 14y ago
Updated: 9/16/2023

LHPLR -- LIC Housing Prime Lending Rate

It is the basis to calculate the current rate of interest. If floating rate of interest in the loan saction letter is LHPLR minus 250 bps and current LHPLR is 14.0% then current interest is 11.5% (14.0 - 250/100).

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 ∙ 14y ago

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