RBI Rate Cuts: Save Rs 13.5 Lakhs on Home Loan Interest

• RBI reduced the repo rate by 25 basis points to 5.25%, totaling a 125 basis point (1.25%) cut in 2025.
• This rate cut directly lowers home loan interest rates and EMIs for customers.
• A Rs. 60 lakh home loan over 20 years could see interest rates drop from 8.5% to 7.25%.
• This reduction can save borrowers Rs. 4646 on EMI and Rs. 13.5 lakh in total interest.
• Borrowers should contact their bank to adjust their loan terms or consider transferring their loan to another bank.

Why It Matters: RBI rate cuts allow home loan borrowers to save lakhs on interest and EMIs.