reporate

  1. I

    Clarification Request on Interest Rate Revisions for Home Loan

    I am writing to seek clarification regarding the interest rate revisions applied to my home loan. I availed a home loan of ₹26,86,000, which was disbursed on 31st January 2025 at an initial interest rate of 8.6%. At the time, the RBI repo rate was 6.5%, and the spread applied by the bank was...
    • itrajan7
    • Thread
    • home loan interest loan rbi guidelines reporate
    • Replies: 3
    • Forum: Loans
  2. M

    Help Needed: Home Loan Interest Rate Increased Despite RBI Repo Rate Cut

    Hello Everyone, I need some guidance on how to handle an issue with Bank of India regarding my home loan interest rate. My loan is on a floating interest rate basis, which means it should be linked to the Repo Based Lending Rate (RBLR). Here’s what happened: My original home loan interest...
    • mauleek
    • Thread
    • bankofindia consumerrights floatingrateloan homeloan interestratediscrepancy interestratehike rblr reporate
    • Replies: 1
    • Forum: Loans
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