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Business

Have a ₹50 lakh home loan? Check how much your EMI could rise after the RBI rate hike

LiveMint - Money ·
Have a ₹50 lakh home loan? Check how much your EMI could rise after the RBI rate hike

The RBI's 25-basis-point repo rate hike could increase the EMI on a ₹50 lakh home loan by ₹852– ₹867 a month over 30 years, or ₹759 over 20 years under a separate interest-rate assumption.

Borrowers with larger loans could face higher monthly increases.

Read the full article on LiveMint - Money ›

5News aggregated this summary from the outlet’s public feed. The full article, with all the context, is on www.livemint.com — the content belongs to LiveMint - Money.

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