This is how much more you have to pay for your home loan Wednesday June 06,2018

Have a home loan? Perhaps this piece of news won't be the best thing you hear today.

All bank loans are likely to become more expensive now as the Monetary Policy Committee (MPC) of Reserve Bank of India (RBI) has hiked the key repo rate by 25 basis points (bps) to 6.25 per cent.

Here's a chart to help you understand how your EMI outflow is likely to be affected