no. it wont be good. if are already in floating chances are there that in future the interest rate may be reduced. instead of increasing the emi save that in our account and do a part payment. that will reduce your tenures and you can takle the advantage of reduction in rate. i dont think the rbi will further increase the interest. if they do that economy will fall down and shatter our country growth. so dont worry hold on and save that money and do a part payment and reduce your tenures. :)
