Home loan
This query is : Resolved
28 February 2011
My brother had taken a home loan six months back. He was paying interest @ 9.5%. Does there would be any reduction in interest rate due to new budget?
28 February 2011
Interest on home loan is a subject matter of loan agreement entered into.
However, the real benefit of lower interest can be enjoyed by your brother at the moment from when the bank will reduce the interest rate.
However, the real benefit of lower interest can be enjoyed by your brother at the moment from when the bank will reduce the interest rate.
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