In the last month or two, several banks have finally come out with home loan rates that are linked to external benchmark rates.
The biggest advantage of these type of loans is that they move in tandem with the movement of interest rates in the economy.
Moneycontrol's Sakshi Batra chats with Raj Khosla, Founder and managing director of MyMoneyMantra.com, to understand what this will mean for borrowers.
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