Tag mclr rbi

Worried about the RBI’s hiked Repo Rate? Here is How You can Beat the Interest Rate Hike burden

The news of hiked repo rate by RBI is in buzz as the same has been increased after almost 4 and half years.  On the 6th day of June 2018, RBI has announced the revised repo rate of 6.25% which… Continue Reading →

Is It Worth to Switch Your Home Loan from Base Rate to MCLR?

Marginal Cost of funds based Lending rate (MCLR) is a new method introduced by Reserve Bank of India which has replaced ‘Base Rate.’ The Base Rate was introduced by RBI in year 2010 to regulate the lending and borrowing system… Continue Reading →

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