Low EMI on Home loan & Repo based EMI Model
Hurry up !! And Save your Interest cost on Home Loan.
There is Good News that now your Home Laon EMI can be reduced with a lower rate of interest. RBI has issued a circular that directed banks to offer home loans linked to Repo Rate as new external benchmarks. The model is known as the Repo Rate Linked Lending Rate (RLLR). In this Model, your rate of interest will be more closely connected with the Repo rate. IF RBI reduces the Repo rate then your home loan rate of interest will also reduce. Most of banks adopt MCLR (Marginal Cost-based Lending Rate) base lending Model. So, if your loan is MCLR base then you should go for the RLLR model and save the interest cost.
For more details, kindly contact our office:
Jitender Kumar (90171-51780) (e-mail: email@example.com)
Partner – Business Relationship
KIP Financial Consultancy Pvt. Ltd.
DSB- 38, KIP Complex, Red Square Market, Near UCO Bank, Hisar.