ET Wealth looks at smart ways to borrow and offers tips to those planning to take a loan. We also tell you about the tricks that lenders use to lure customers. Here are some things to keep in mind while borrowing money.
Home loan borrowers have seen one of the steepest hike in interest rates to the tune of 2.5% which has pushed up the home loan EMIs by more than 20% and total interest payout by over 40% for many home loan borrowers. What home loan borrowers should do now as the RBI has decided to keep the repo rate unchanged.