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Banks are increasing MCLR rates: Should you switch to repo-linked home loans and save on EMIs?

If your home loan is linked to MCLR, switching to a repo-linked home loan rate can reduce your interest costs. However, do the math first and calculate the savings instead of relying on vague estimates.
External benchmarking: No extension in deadline, teaser loans not welcome

The banking regulator that has recently been entrusted with supervision of non-banking finance companies (NBFCs), is “studying” loan pricing methods in the sector, while no review is in the works as of now.

Advisory Alert: It has come to our attention that certain individuals are representing themselves as affiliates of Moneycontrol and soliciting funds on the false promise of assured returns on their investments. We wish to reiterate that Moneycontrol does not solicit funds from investors and neither does it promise any assured returns. In case you are approached by anyone making such claims, please write to us at grievanceofficer@nw18.com or call on 02268882347

Repo Linked Loans

Banks are increasing MCLR rates: Should you switch to repo-linked home loans and save on EMIs?

External benchmarking: No extension in deadline, teaser loans not welcome