Ros Rafaelia

What Is The Prime Interest Rate Today 2024 In India. The mpc decided to keep the policy repo rate unchanged at 6.50 per cent in april 2024, while supporting growth and anchoring inflation expectations. Find the latest interest rates on domestic and foreign term deposits, savings accounts, loans and forex transactions of south indian bank.

For instance, buying a rs 2.5 crore property with a rs 50 lakh down payment would result in an emi of around rs 2.5 lakh per month at a 9% interest rate. The prime rate is the interest rate banks charge their best customers for loans and a benchmark for other products.