comparemela.com

Latest Breaking News On - Rbi home loan - Page 1 : comparemela.com

Home loan: New RBI rules can help you save Rs 33 lakh in interest in a Rs 50-lakh loan; know how

Home loan interest: When the interest rate goes up, banks usually increase the tenure of the loan to shield borrowers from rising EMIs. But tenure extension has its own cost as borrowers end up paying a lot of money towards interest payments. Now RBI has asked lenders to provide borrowers the options to either increase the EMI or extend the loan tenure, or use both options together at the time of resetting interest rates on home loans. What s new in it and how it is going to benefit home loan borrowers? ET Wealth Online explains

© 2025 Vimarsana

vimarsana © 2020. All Rights Reserved.