ArticleField.comInternet's Fastest Growing Free Content Article DirectoryYour equated monthly installments (EMIs) for home and auto loans are likely to increase with banks preparing themselves to raise lending rates in tandem with the rate hike by the central bank. “For a person who has taken Rs 25,00,000 home loan at 10.25 % for a 15-year period, his current EMI works out to […]
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The real estate sector may be among the worst hit by the Reserve Bank of India’s persistent effort to contain inflation by increasing repo rate and making credit more and more expensive. RBI’s repo rate increase, announced on Thursday, may take the home loan interest rate to well over 11%, stretching the limits of affordability […]
Look out for specific period fixed deposit schemes to acquire higher interest rates on your funds. These specially-designed schemes offer higher interest compared to orderly deposits on maturing around the same time. For information, ICICI Bank offers 7.75 % on fixed deposit of 290 days, while it offers 7.5 % interest on deposits of 270 […]
The flow of range hikes by the RBI may person parcel a sound hollow in the pockets of borrowers but for investors in rigid income products this is perhaps the prizewinning reading to get peak returns from these instruments. With this, FMPs that bonk period of short over a gathering would be competent to message […]
