Sunil did the math. He bet that rates would fall soon. He stayed on the floating rate. Today, Sunil and Priya are sitting in their finished living room. The plaster is dry. The kids are playing.
Mr. Sharma shook his head. "Sir, fixed rate is currently . Higher than your 9.35%. But it will stay fixed for 5 years." icici bank home loan interest rate
By late 2020, ICICI launched a new regime: ICICI Home Loan – Repo Linked . The advertised rate fell to . But Sunil was stuck on the old MCLR loan. He felt betrayed. Sunil did the math