Tag MCLR

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 →

Best Home Loans for Women Borrowers

The modern era is women oriented and focuses highly on the empowerment of women. Financial industries are equally focused on the same. Banks, Non-Banking Financial Companies, lenders, financial institutions etc. have started extending their hands to support the women borrowers…. Continue Reading →

Home Loan to Get Cheaper for the Borrowers Still on Base Rate

There is a relief for those who have availed Home Loans pre-April 2016 and are still stuck on the old base rate home loans rates and have not been revised by banks with the new market rates. The Reserve Bank… 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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