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#AllYouNeed #toKnowAbout #MCLR Based #HomeLoans
https://diva-project.org/all-you-need-to-know-about-mclr-based-home-loans/

#AllYouNeed #toKnowAbout #MCLR Based #HomeLoans https://diva-project.org/all-you-need-to-know-about-mclr-based-home-loans/

DIVA-PROJECT.ORG

All You Need to Know About MCLR Based Home Loans

The RBI introduced the MCLR method in 2016 to replace the base rate system initiated in 2010. MCLR means the Marginal Cost of Funds-based Lending Rate. It is the lowest interest rate at which a financial institution can lend a home loan.

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