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Three practical tips for Indian home loan borrowers to repay a 25-year loan in just 10 years and save lakhs in interest. First, pay one extra EMI annually (e.g., ₹40,000) to reduce principal and cut tenure to 20 years. Second, increase EMI by 7.5% yearly aligned with salary hikes (e.g., from ₹40,000 to ₹43,000).
From the first EMI date, launch a Systematic Investment Plan (SIP) in an equity mutual fund. This builds wealth to offset high interest payments, potentially recovering much of the loan cost through compounded returns by tenure’s end.
Despite RBI’s 1.25% repo rate cuts in 2025, many borrowers still pay old EMIs because loans are on fixed rate, MCLR or base rate. Repo-linked loans must drop EMI automatically; others may delay. Check your loan document, write to bank with account details. No reply in 30 days? Escalate to Grievance Officer or RBI CMS portal. Switch to repo-linked or refinance for immediate savings up to ₹2 lakh in
The Reserve Bank of India’s (RBI) monetary policy committee (MPC) has decided unanimously to cut the key repo rate by 25 bps to 5.25% in its December 2025 bi-monthly monetary policy, Governor Sanjay Malhotra announced on Friday.
RBI Governor Sanjay Malhotra on December 5, 2025 cut repo rate by 0.25% to 5.25%, the fourth reduction in FY26. Banks are expected to lower lending rates, reducing EMIs on home loans by ₹1,000-₹3,000, car loans by ₹300-₹800, bike & personal loans significantly. Millions of borrowers will enjoy lower monthly outflows, easier new loans and extra disposable income, giving major relief to middle-class
Reserve Bank of India Governor Sanjay Malhotra has confirmed there is clear room for further policy rate cuts after the October MPC meeting. In a Zee Business interview, he stated that recent economic data continues to support easing. The MPC already slashed rates by 100 bps in the first half of 2025 but paused since August. With inflation cooling, another reduction is widely expected in the upcom
Credit cards are widely used for shopping on major e-commerce platforms, with the EMI (Equated Monthly Instalment) option becoming increasingly popular. Before using this facility, users should understand how credit card EMIs work, along with their benefits and drawbacks, to manage repayments effectively.
Credit cards are widely used for shopping on major e-commerce platforms, with the EMI (Equated Monthly Instalment) option becoming increasingly popular. Before using this facility, users should understand how credit card EMIs work, along with their benefits and drawbacks, to manage repayments effectively.
Credit cards are widely used for shopping on major e-commerce platforms, with the EMI (Equated Monthly Instalment) option becoming increasingly popular. Before using this facility, users should understand how credit card EMIs work, along with their benefits and drawbacks, to manage repayments effectively.
Canara Bank has reduced its Marginal Cost of Funds Based Lending Rates (MCLR) by 5 basis points across all tenures, effective November 12, 2025. This move is expected to lower EMIs for borrowers with floating rate loans
