Where intrest rates are headed in India ?
what is the possible outlook of intrest rates for next 5 years ?
I am plaaning to take bank-loan, should i wait ?
which option is better Fixed intrest rate or Floating intrest rate ?
2007-02-07 01:28:19 · 3 answers · asked by Anonymous in Business & Finance ➔ Credit
The interest rates are on top right now and have increased 3-4 percent in the last few years.
There is no likelyhood for further increase in the rates.
If you can afford you can wait till the rates soften
No point in taking fixed interest rate now when they are at peak. You can think of floating right now.
2007-02-07 01:40:17 · answer #1 · answered by Raghav 4 · 0⤊ 0⤋
you're loopy! A loan like that ought to take a year or 2 to maintain by means of a financial corporation or investment corporation. Even then, you would be paying 20%+ in activity for a $a hundred and five million greenback loan...in case you additionally can get it!
2016-12-17 11:18:58 · answer #2 · answered by hogans 3 · 0⤊ 0⤋