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What is LHPLR?

Updated: 9/16/2023

Wiki User

∙ 12y ago

Best Answer

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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