Home Loan Interest Rate Latest News: EMIs go up as banks hike rate; Check calculator, impact on your monthly budget
Home Loan Interest Rate, EMI Calculator 2022-2023: The Reserve Bank of India has recently hiked its repo rate by 35 basis points. If this is taken along with all the previous rate hikes in this year, the total hike stands at 2.25%. The RBI had gone for a 40 bps hike in May this year, then 50 bps each in June, August and September and now 35 bps in December. The current repo rate now stood at 6.25%. The home loan rates used to be around 6.9% to 7% around April.
Zee Media Bureau
| Dec 11, 2022, 12:51 PM IST
1/5
Home Loan Interest Rate SBI, HDFC, Other Banks
2/5
Home Loan Interest Rate, EMI Calculator for Rs 20 Lakh
3/5
Home Loan Interest Rate, EMI Calculator for Rs 30 Lakh
4/5
Home Loan Interest Rate, EMI Calculator for Rs 40 Lakh
5/5