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Planning to take a loan? Understanding the repo rate is key. The repo rate is the interest rate at which the RBI lends money to banks. A lower repo rate often means lower interest on loans, which can significantly reduce your EMI.
Stay updated on repo rate changes to make better loan decisions. When the RBI reduces this rate, lending institutions typically lower their rates too—benefiting borrowers across home loans, personal loans, and business loans.
Key Benefits of Knowing Repo Rate:
Predict interest rate trends
Borrow smartly during low-rate periods
Reduce loan burden
Stay financially ahead. Follow repo rate movements and save on future borrowings.
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