Savings in several lakhs! How much money has RBI put in your pocket with repo rate cut? Loan EMIs to come down

RBI repo rate cut EMI calculations: While the 25 basis points rate cut will give marginal relief to new and existing loan borrowers, it is the cumulative 1.25% rate cut since the start of this year, that will yield substantial savings over the entire loan tenure.

Savings in several lakhs! How much money has RBI put in your pocket with repo rate cut? Loan EMIs to come down
RBI repo rate cut EMI calculations: While the 25 basis points rate cut will give marginal relief to new and existing loan borrowers, it is the cumulative 1.25% rate cut since the start of this year, that will yield substantial savings over the entire loan tenure.