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Finance

SBI increases home loan rates: How your Rs 30 lakh to Rs 1 crore home loan EMI can be impacted; see calculations

Photo: Economic Times

In response to a recent 25 bps hike, the State Bank of India has updated its home loan interest rates. Those linked to the External Benchmark Linked Rate will need to revise their equated monthly installments. Borrowers can mitigate the impact through options like adjusting EMIs or extending the lo…

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