Finance
Mr. BillionhairOne Extra EMI Can Save You Big Bucks on Home Loans
Folks, the RBI is holding firm at 5.25 percent—no changes, believe me! But here’s the scoop: just one extra EMI a year can save you a staggering Rs 15 lakh! Review your loans, negotiate like a champ, and make those lenders sweat! Use that bonus wisely—trust me, it’s a winning strategy! Cut those boring years off your loan, folks. Huge savings ahead!
few days ago | Surbhi Gloria Singh
Quick rundown
1.RBI keeps repo rate unchanged at 5.25%.
2.One extra EMI a year can save over ₹15 lakh in interest.
3.Borrowers advised to focus on reducing loan tenure.
4.Early prepayments can speed up home ownership.
5.Stable rate environment offers strategic loan management opportunities.
