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These home loan borrowers to get option to change home loan tenure, EMI or move to fixed rate at the time of loan reset: RBI

The central bank has also asked the banks and NBFCs to provide those borrowers an option to increase Equated Monthly Instalment (EMIs) or tenure or prepay the full amount or a part of it at any point during the tenure. This move is likely to provide relief to floating-rate borrowers of home, auto, and other loans reeling under the impact of high interest rates.

Auswide Bank : 28/10/22 Auswide Bank announced as one of the best Fixed Rate Home Loan products of the year

28 October 2022 Auswide Bank announced as one of the best Fixed Rate Home Loan products of the year. Australia s biggest financial. | October 28, 2022

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