How RBI Repo Rate Hike by 50bps Could Impact YOU

EMIs could increase for home loan borrowers

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Home loan amount

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How to Reduce the Impact?

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So, Should You Get a Home Loan Now?

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How RBI Repo Rate Hike by 50bps Could Impact YOU

It’s not all bad But, it certainly has its downsides

EMIs could increase for home loan borrowers

Home loan amount

Rs.50 lakh for 15 years

Interest = 6.5% EMI = ~Rs. 42,900/-

Increased repo rate

New interest = 7% EMI = ~Rs.44,100/- EMI increased = Rs.1200/-

Now, the question is...

How to Reduce the Impact?

So, Should You Get a Home Loan Now?