https://img.etimg.com/photo/91642371.cmsA rise in the MCLR will typically result in an increase in interest due by borrowers. The increase in the MCLR will affect existing borrowers' EMIs when their loan reset dates arrive.
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https://img.etimg.com/photo/91642371.cmsA rise in the MCLR will typically result in an increase in interest due by borrowers. The increase in the MCLR will affect existing borrowers' EMIs when their loan reset dates arrive.
More...