What is Repo Linked Lending Rate Home Loan RLLR meaning comparison vs MCLR

>> YOUR LINK HERE: ___ http://youtube.com/watch?v=mh_ML0catb0

From October 1, 2019, all new floating rate personal or retail loans such as a home loan or car loans sanctioned by banks are required to be linked to external benchmarks, such as repo rate. Repo Linked Lending Rate or RLLR changes the way your home loan, car loan and other loan EMIs are calculated. Under RLLR, your interest outgo will change depending on the movement in the repo rate. Watch video to know how it impacts you. • Subscribe to Financial Express: https://bit.ly/2TN006o • The Financial Express (FE) is a business paper that’s closest to the people who are in the business of business. From business policies to market trends to new developments, The Financial Express comes packed with incisive news on every relevant issue. • Connect with us: • Facebook: / thefinancialexpress • Twitter: / financialxpress • Website: https://www.financialexpress.com/

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