Have a floating rate loan? If RBI changes rates, your EMI changes too. See the exact impact instantly.
RBI cut the repo rate by 25 basis points in February 2025 — and again in April 2025. If you have a floating rate home loan, your EMI should drop. But how much exactly? And did your bank actually pass on the benefit?
This RBI rate cut impact calculator tells you the exact EMI reduction for any rate change — so you know what to expect and can hold your bank accountable.
RBI repo rate cut of 50 basis points (0.5%) — here's the impact on different loan amounts and tenures:
| Loan Amount | Old Rate | New Rate (-0.5%) | EMI Reduction/month | Total Saving (15 years) |
|---|---|---|---|---|
| ₹20 lakh | 9.0% | 8.5% | ₹628 | ₹1.13 lakh |
| ₹30 lakh | 9.0% | 8.5% | ₹942 | ₹1.70 lakh |
| ₹50 lakh | 9.0% | 8.5% | ₹1,570 | ₹2.83 lakh |
| ₹75 lakh | 9.0% | 8.5% | ₹2,355 | ₹4.24 lakh |
| ₹1 crore | 9.0% | 8.5% | ₹3,140 | ₹5.65 lakh |
Important: Banks are required to transmit RBI rate changes to floating rate loans within 3 months (MCLR-linked) or immediately (EBLR-linked). If your EMI hasn't changed, call your bank!
| Date | Repo Rate Change | New Repo Rate | Impact on Loans |
|---|---|---|---|
| Feb 2025 | -25 bps | 6.25% | EMI on ₹50L drops ~₹785/month |
| Apr 2025 | -25 bps | 6.00% | Further ₹785/month reduction |
| Feb 2024 | No change | 6.50% | No impact |
| Apr 2023 | No change | 6.50% | No impact |
| Feb 2023 | +25 bps | 6.50% | EMI increased |