How much is a prepayment charge? Related News SBI Revises Loan and FD Rates for October 2024 SBI has reduced its one-month MCLR by 25 basis points to 8.20%, while other loan rates remain unchanged. Fixed deposit rates for the general public range from 3.5% to 6.5%, with senior citizens...
A Home Loan taken out before October 1, 2019, is most likely to be linked to MCLR. The MCLR Home Loan is linked to a one-year MCLR rate and banks add their own margin/spread on the MCLR rate to get you the final interest rate. ...
What is meant by capital planning? What is the meaning of one-year MCLR? What is structuring? With 20-20 hindsight, what was the best investment for the period 1926 - 1935? What is a fiscal year? Why might companies choose to use a fiscal year that is not a calendar year? What is...
What is the meaning of one-year MCLR? What is meant by residual income? Define competitiveness? How does an LC (line of credit) with regards to payment for an order work? What does discounting mean in regards to an LC? What is the definition of volatility?
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RBI’s rate cuts does not necessarily mean that the borrowers benefit immediately. Unless the bank where customer hold the account doesn’t reduce itsBase Lending rate or MCLR. The interest rate on loan get reduced only once the base rate of the bank falls. The EMI is directly linked with...
What is the full form of MCLR? AMarginal Cost of Funds based Lending Rate BManual Cost of Funds based Leading Rate CMinimum Cost of Funds by Leading Rate DMaximum Cost of Funds based Large RateSubmit What is the full form of GMBR ? AGreat Bombay Metropolitan Railway, BGreter Bombay Meter...
MCLRMaster Clear(circuitry) MCLRMicrocystin-LR(molecular biology) MCLRMidwest Consortium for Latino Research MCLRMidwest Center for Labor Research MCLRMaximum Cell Loss Ratio(Sprint-ATM) MCLRMedium Capacity Long Range MCLRMannose C-Type Lectin Receptor(biology) ...
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BPLRBenchmark Prime Lending Rate BPLRBipolar BPLRBorn Poor Live Rich BPLRBenoit Paysant Le-Roux(French model planes) BPLRBoreal Polar Province(Oceanographic Region Belonging to the Atlantic Polar Biome) BPLRBarking Park Light Railway(UK)