What is RBI's new rule on home loan interest rate

What this episode covers

Rising interest rates have led to 20-year home loan tenures of borrowers, rising up to 40 years. RBI has now come with a new rule, where banks need to give both existing and new home loan borrowers the option to choose fixed interest rate. The new rule is effective from 31 December 2023 in today's episode, we chat with Harshad Chetanwala, co-founder of MyWealthGrowth.com on whether borrowers should move from floating rate to fixed rate or stick with the former. Learn more about your ad choices. Visit megaphone.fm/adchoices

Share this episode

Similar Episodes

トランプ関税でNISAで大損⁉投資初心者が騙されがちなNISAの仕組み

Apr 29, 2025 ·12m

ふるさと納税大転換！ポイント還元がなくなる？

Apr 27, 2025 ·11m

【番外編】大阪万博に行ったインターン生にインタビュー！

Apr 24, 2025 ·11m

建築学生が教える！不動産投資トレンド

Apr 22, 2025 ·14m

Discworld 13 - Small Gods by Terry Pratchett - 9 of 9 Episodes

Sep 26, 2023 ·65m

Discworld 13 - Small Gods by Terry Pratchett - 7 of 9 Episodes

Sep 26, 2023 ·66m

Similar Podcasts

いろはにマネーの「ながら学習」 IrohaniMoney この番組では、インターン生2人が、金融、経済、投資関連の気になる情報を分かりやすくお伝えしていきます。インターン生の会話を「ながら聴き」する感覚で一緒に勉強していきましょう！ご意見箱フォーム：https://forms.gle/TTGaVP2TJksNMKJo7ぜひお便りや感想をお待ちしています！公式X：https://x.com/irohanimoney番組のハッシュタグは「#いろはにながら」です。番組への感想をお待ちしています！いろはにマネー：https://www.bridge-salon.jp/money/姉妹サイト：https://kabu.bridge-salon.jp/姉妹サイト：https://bridge-salon.jp/(株)インベストメントブリッジ運営 HOMELAND HOMELAND The Church is a body not a building. It's the bride of Jesus Christ! Jesus is coming back for a mature bride. That means it's time for the church of Jesus Christ to move from milk to meat. This is the hour of maturity!HOMELAND is an announcement that the church is being set free. Only the church has the ability to transform the world. The kingdom's of this world will become the kingdoms of our Lord and Savior!All of creation has been waiting for this moment! Sons and daughters of God are rising up and taking their seat! She’s a Hazard to Herself She’s a Hazard Hi there, I’m Mallory, and I’d like to invite you into our world with “She’s a Hazard to Herself!” Join us as we navigate life with Multiple Sclerosis from the seat of my power wheelchair. Discover stories of resilience, family, and the community we’ve built around chronic illness. Whether you’re impacted by MS or want to learn from our journey, there’s something here for you. So why wait? Subscribe to “She’s a Hazard to Herself” on your favorite podcast app and be part of our journey today. Let’s lift each other up, one episode at a time! Why That with Wyatt Wyatt Your semi-weekly source for fun facts and deep dives into different topics! Please follow the show and share the link with anyone who doesn’t already listen!

Frequently Asked Questions

How long is this episode of Why Not Mint Money?

This episode is 14 minutes long.

When was this Why Not Mint Money episode published?

This episode was published on September 5, 2023.

What is this episode about?

Rising interest rates have led to 20-year home loan tenures of borrowers, rising up to 40 years. RBI has now come with a new rule, where banks need to give both existing and new home loan borrowers the option to choose fixed interest rate. The new...

Can I download this Why Not Mint Money episode?

Yes, you can download this episode by clicking the download button on the episode player, or subscribe to the podcast in your preferred podcast app for automatic downloads.