#theartofwealthbuilding #homeloan Here is the interest rate on home loans charged by the banks under the external benchmark regime. The interest rate is liked by the RBI repo rate.
The table given in the video is applicable to salaried individuals
RBI's repo rate
Government of India 3-months Treasury bill yield
Government of India 3-months Treasury bill yield published by Financial Benchmarks India Pvt. Ltd. (FBIL)
Government of India 6-months Treasury bill yield published by FBIL
Any other benchmark market interest rate published by the FBIL
RLLR = Repo rate + Margin charged by the bank.
Currently, the repo rate is 5.15 percent.
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