As March 31, 2026 approaches, home loan borrowers across India start thinking about one common question: should I prepay my home loan before the financial year ends to save tax and interest? While prepayment can look attractive during tax season, rushing into it without numbers can hurt liquidity and long-term returns. The right decision depends …
If you take a loan or buy something costly, you will hear one common word again and again – EMI. Many people search for: This article explains everything about EMI in very simple English, step by step. What Is EMI? EMI means Equated Monthly Instalment. It is the fixed amount of money you pay every …
If you have a home loan, you’ve probably noticed this pattern:RBI announces a repo rate change → a few weeks later, your home loan EMI changes. For many borrowers, this feels sudden and confusing.But in reality, EMI changes are not random – they follow a clear financial logic linked to the RBI repo rate. In …
A home loan balance transfer is a smart financial option that allows borrowers to shift their existing home loan from one lender to another offering lower interest rates, better repayment flexibility, or improved loan features. By transferring the outstanding loan amount, you can reduce your monthly EMI, save significant interest over the loan tenure, and …
When interest rates change, most home loan borrowers expect a simple outcome: “If rates fall, my EMI should reduce.” But in reality, banks often do something different.Instead of lowering your EMI, they quietly increase or decrease your loan tenure. This leaves many borrowers confused: Let’s break this down in a clear, non-technical way. First, understand …
When the RBI cuts the repo rate, most home loan borrowers expect one thing: lower Home Loan EMIs.But for many SBI home loan customers, that reduction never came. If you’re wondering “Why is my EMI still the same even after rate cuts?” – you’re not alone. This isn’t a glitch or a scam. It’s how …