Home Economy RBI loan FAQs: Can you switch from fixed to floating interest rate when RBI cuts repo rate and vice-versa?
Economy - January 11, 2025

RBI loan FAQs: Can you switch from fixed to floating interest rate when RBI cuts repo rate and vice-versa?

RBI loan FAQs: Can you switch from fixed to floating interest rate when RBI cuts repo rate and vice-versa?

RBI loan FAQs: Lenders are required to offer fixed interest rate options for all personal loan categories such as home loan, car loan etc. and allow borrowers to switch between floating and fixed rates, with flexibility subject to board-approved policies and charges.

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