Sitting on cash? Use it to prepay your home loan after RBI repo rate cut; here’s how you will benefit
Tuesday, 10 June 2025 Even though home loan rates are expected to come down, prepayment will save you more than what you earn from fixed income options. High-cost and long-term loans should be retired as early as possible.
The Reserve Bank of India (RBI) has significantly reduced the repo rate by 50 basis points, bringing the total cut to 1% since February, a move set to lower home... IndiaTimes
In a surprise move, the RBI slashed the repo rate by 50 basis points to 5.5%, exceeding expectations. This decision, driven by a lower projected inflation rate... IndiaTimes
If you have taken a home loan of Rs 50 lakh for 20 years, your EMI may come down by Rs 3,164. Calculate your savings after the RBI has slashed its interest rate... DNA
Tuesday, 10 June 2025
