Money Guru: Banks Made Home Loans Expensive, What To Do In Such A Situation? Know The Solution Here

In early May, the central bank increased the repo rate by 40 basis points. This has made all types of loans, including home loans, expensive. For this, customers are given this facility by banks that they can pre-pay as much amount as they want in addition to EMI whenever they want during the loan tenure. Is it better to prepay the loan now? How to get rid of debt trap quickly? Know the solution of EMI tension from Hemant Rustagi, Wise Invest Pvt Ltd on Money Guru.