Home loan Rates: Should you switch to MCLR?

Updated: August 27, 2018 07:44 PM IST

Home loan Rates: In a rising interest rate scenario, such as the current one, it is better to wait before moving to MCLR-linked home loan rates, say experts. Vipul Patel, founder, Mortgage World, said, “It’s not mandatory to move to MCLR. However, we recommend borrowers to move to MCLR as this pricing is in their favour. Ensure that the MCLR reset frequency is 12 months or lower.”



TRENDING NOW

New Year 2025: Key Investing Mistakes to Avoid Next Year

New Year 2025: Key Investing Mistakes to Avoid Next Year

Bajaj Launches Chetak 35 Series EV

Bajaj Launches Chetak 35 Series EV

Guaranteed Return Schemes for Senior Citizens: SCSS, KVP, and more income options

Guaranteed Return Schemes for Senior Citizens: SCSS, KVP, and more income options

Top 7 SBI Mutual Funds with Highest SIP Returns: Rs 15,000 SIP Grows to Rs 21.88 Lakh

Top 7 SBI Mutual Funds with Highest SIP Returns: Rs 15,000 SIP Grows to Rs 21.88 Lakh

Top FD Rates: SBI, PNB, Canara & More for Rs 5 Lakh Investment

Top FD Rates: SBI, PNB, Canara & More for Rs 5 Lakh Investment

RECOMMENDED VIDEOS

https://www.zeebiz.com/personal-finance/video-gallery-new-year-2025-key-investing-mistakes-to-avoid-next-year-334369

New Year 2025: Key Investing Mistakes to Avoid Next Year

https://www.zeebiz.com/india/video-gallery-bajaj-launches-chetak-35-series-ev-334677

Bajaj Launches Chetak 35 Series EV

https://www.zeebiz.com/personal-finance/video-gallery-guaranteed-return-schemes-for-senior-citizens-scss-kvp-and-more-income-options-331982

Guaranteed Return Schemes for Senior Citizens: SCSS, KVP, and more income options

https://www.zeebiz.com/personal-finance/video-gallery-top-7-sbi-mutual-funds-with-highest-sip-returns-rs-15000-sip-grows-to-rs-2188-lakh-328428

Top 7 SBI Mutual Funds with Highest SIP Returns: Rs 15,000 SIP Grows to Rs 21.88 Lakh

https://www.zeebiz.com/personal-finance/video-gallery-top-fd-rates-sbi-pnb-canara-more-for-rs-5-lakh-investment-334041

Top FD Rates: SBI, PNB, Canara & More for Rs 5 Lakh Investment

https://www.zeebiz.com/india/video-gallery-honda-unveils-2025-activa-125-model-334675

Honda Unveils 2025 Activa 125 Model

https://www.zeebiz.com/personal-finance/video-gallery-epf-calculator-retirement-fund-with-rs-6000-10000-12000-monthly-for-25-years-334368

EPF Calculator: Retirement Fund with Rs 6,000, 10,000, 12,000 Monthly for 25 Years

https://www.zeebiz.com/india/video-gallery-sbi-report-indias-savings-rate-surpasses-global-average-334676

SBI Report: India's Savings Rate Surpasses Global Average

https://www.zeebiz.com/india/video-gallery-up-and-punjab-police-killed-three-khalistani-terrorists-in-encounter-334683

UP and Punjab Police killed three Khalistani terrorists in encounter

https://www.zeebiz.com/video-gallery-a-report-by-morgan-stanley-on-health-insurance-company-niva-bupa-334680

A report by Morgan Stanley on health insurance company Niva Bupa

https://www.zeebiz.com/market-news/video-gallery-from-swiggy-to-icici-bank-top-brokerage-calls-this-week-stock-market-bse-nse-334323

From Swiggy To ICICI Bank, Top Brokerage Calls This Week | Stock Market | BSE | NSE

https://www.zeebiz.com/india/video-gallery-sensex-jumps-800-points-nifty-rebounds-334678

Sensex Jumps 800 Points, Nifty Rebounds

https://www.zeebiz.com/personal-finance/video-gallery-sbi-guaranteed-return-scheme-interest-rates-for-senior-citizens-333737

SBI Guaranteed Return Scheme: Interest Rates for Senior Citizens

https://www.zeebiz.com/video-gallery-invest-money-in-one-mobikwik-systems-ipo-or-not-332123

Invest money in One MobiKwik Systems IPO or not?

https://www.zeebiz.com/video-gallery-invest-money-in-one-mobikwik-systems-ipo-or-not-332124

Invest money in One MobiKwik Systems IPO or not?

https://www.zeebiz.com/india/video-gallery-what-the-nissan-honda-merger-means-for-the-industry-334884

What the Nissan-Honda merger means for the industry

https://www.zeebiz.com/india/video-gallery-why-has-sebi-taken-action-on-mishtann-foods-331316

Why has SEBI taken action on Mishtann Foods?

https://www.zeebiz.com/video-gallery-itc-shows-strength-in-weak-market-333431

ITC shows strength in weak market!

https://www.zeebiz.com/india/video-gallery-cm-yogi-reached-prayagraj-for-the-5th-time-in-the-last-1-month-334686

CM Yogi reached Prayagraj for the 5th time in the last 1 month

https://www.zeebiz.com/personal-finance/video-gallery-sbi-life-smart-platina-supreme-features-key-details-of-guaranteed-income-plan-334029

SBI Life Smart Platina Supreme: Features & Key Details of Guaranteed Income Plan

https://www.zeebiz.com/personal-finance/video-gallery-post-office-mis-how-much-monthly-income-will-you-get-on-deposits-of-5l-10l-15l-332903

Post Office MIS: How much monthly income will you get on deposits of 5L, 10L, 15L

https://www.zeebiz.com/india/video-gallery-big-relief-to-voda-idea-328650

Big relief to Voda Idea!

https://www.zeebiz.com/india/video-gallery-chief-minister-mahila-samman-yojana-started-in-delhi-334685

Chief Minister Mahila Samman Yojana started in Delhi

https://www.zeebiz.com/personal-finance/video-gallery-highest-senior-citizen-fd-rates-sbi-pnb-hdfc-icici-and-more-offering-special-deals-334636

Highest Senior Citizen FD Rates: SBI, PNB, HDFC, ICICI, and More Offering Special Deals

INDIA

WORLD

COMPANIES

PERSONAL FINANCE

TECHNOLOGY

AUTOMOBILE

SMALL BUSINESS

By accepting cookies, you agree to the storing of cookies on your device to enhance site navigation, analyze site usage, and assist in our marketing efforts.

x