Good news for home loan borrowers! Experts predict that the EMI on a ₹50 lakh loan could drop by ₹3,190 in 2025. This is due to expected cuts in the Reserve Bank of India’s (RBI) repo rate, which influences loan interest rates. The RBI is likely to reduce the repo rate by up to 100 basis points next year, making home loans more affordable. This means lower monthly payments and significant savings for borrowers. Keep an eye on the RBI’s decisions in 2025 for potential financial relief!
Posted inMarket News