Loan Borrowers
Reserve Bank of India is expected to revise the prevailing interest rates as its the policy time review for this prevailing year. This has set a record as this marks the interest rate hike for 13th time in around 19 months. This Diwali is sure to dampen the property buyers dream if they had plans [...] Continue Reading »
Home loan borrowers are now facing a tough time as there is a slight raise in the EMI (Equated Monthly Installments). Banks have agreed to increase pre-payment charges at the meeting with RBI (Reserve Bank of India). The Central Government is concerned about the home loan burden on the loan borrowers. Henceforth they have put [...] Continue Reading »
