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Floating int is 10.25 and fixed is 12% which one can i go in for am taking a loan for 10lakh in 10years in homeloan

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asked Jul 20, 2011 in Loans by anonymous  



1 Answer

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I suggest for floating rate. In near term,  I expect RBI will increase some interest rate; so is the bank. But after few months, or next year, banks will surely decrease rate of interest.

Hope it will help you.
answered Jul 24, 2011 by admin (47,400 points)   5 7 12

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