How Marginal Standing Facility Can Help Meet Your Financial Needs

Marginal Standing Facility (MSF) is a window provided by the Reserve Bank of India (RBI) to the banks for borrowing funds in case of emergency or unforeseen circumstances. The interest rate for MSF is higher than the repo rate, which is the rate at which banks borrow from the RBI under normal circumstances. Bajaj Housing Finance Limited offers MSF to its customers, allowing them to borrow funds for meeting their financial requirements. This facility provides customers with immediate access to funds at a higher interest rate compared to traditional borrowing methods. It is a useful tool for individuals and businesses facing urgent financial needs and helps them meet their cash flow requirements.