Repo Rate
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What Determines the Rate of Interest?
Buying a house is a dream of every Indian and with the banks and financial institutes giving out home loans, the dream of owning a house becomes a reality earlier in life. As compared to the previous generations who saved all their lives to buy the h...
Dev Singhraha
HOME LOAN -
Explaining Some Home Loan Jargons
When it comes to taking a home loan, there are many loan lending banks and financial institutes willing to lend you the home loan. Often the terms associated with a home loan are a bit difficult for the people to understand. We explain all the terms ...
Dev Singhraha
HOME LOAN -
Everything You Need to Know About Repo Rates Linked to Home Loans
In May 2019, India’s largest bank, State Bank of India unveiled their plan to link the home loan and deposit rates to the repo rates. Following the suit, many state-run financial banks and institutes have joined the bandwagon. Among the banks that ...
Dev Singhraha
HOME LOAN -
What is Repo rate, CRR, Base Rate, SLR, and Reverse Repo Rate
The Reserve bank of India has outlined some monetary policies that factor the home loan interest rate which in turn affects the total EMI the borrower has to pay. All of this is responsible for calculating the total loan amount you pay to the bank fo...
Dev Singhraha
HOME LOAN -
Looking for a Home Loan? Know these Finance Terms Beforehand
Recently, Reserve Bank of India (RBI) has announced another hike of the Repo Rate during the third bi-monthly Monetary Policy Review (MPR) in August 2018 by increasing it to 6.5 per cent. Many banks and private lenders have already hiked the rate of ...
Dev Singhraha
HOME LOAN
