Easily switch your loan and get the benefit of reduced interest rates!!!!
As India is growing under new Political Leadership, RBI and Government has set the target for Home to everyone by 2022 at affordable interest rate. RBI is reducing interest rates year over year or sometimes six monthly depending upon the market conditions and economic development.
Don’t worry if you have taken the loan of higher interest rates. You still can get the benefit by transferring your loan at cheaper or reduced interest rates. Currently the average rate of interest charged by any bank in last quarter is 8.35-8.50%. Your saving can be as low as 1 lakh to as high as 50 Lakhs.