Latest Kannada Business news : These banks are still giving cheap home loans, check interest rates and monthly installment amount

Home loan rates have increased drastically in the recent past. This has happened due to the increase in the repo rate by the Reserve Bank of India (RBI) in May and June. RBI has increased the repo rate by 90 basis points in two times. Now the repo rate has become 4.9 percent. Most home loans taken after October 1, 2019, are linked to the external benchmark, which is the repo rate in most cases. This is the reason that due to the increase in the repo rate, the home loan rates have also become expensive. Which banks are offering affordable interest rates on home loan of Rs 75 lakh for a tenure of 20 years, let’s know…