Switching From MCLR to Repo-Linked Lending Rate (RLLR): Process, Cost and Real Savings
MCLR to RLLR switch is the move from your existing MCLR based home loan to a repo linked rate, and it matters because a cleaner link to RBI policy can cut interest cost if you do it at the right time. Right now many long term borrowers are stuck paying older spreads while new customers
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