News From Press Switching to repo-linked home loans? Here's what you should know

Switching to repo-linked home loans? Here's what you should know

Before switching to another bank, check the margin that will be determined by your credit score.

Economic Times Aug 26, 2019

A nudge from the Reserve Bank of India (RBI) has resulted in several public sector banks linking their home loans to the repo rate, a move that will benefit borrowers in the case of a rate cut. Repo rate is the rate at which banks borrow from the RBI.

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1 Comment

Prakash Sheth · 4 years ago `

PLs. suggest with long time horizon SIP of 5K which fund and scheme is good?

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