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SBI cuts EBLR and RLLR by 25 bps giving borrowers a lower EMI from April 15 2025

Economy
Published on 24 April 2026
SBI cuts EBLR and RLLR by 25 bps giving borrowers a lower EMI from April 15 2025

Your EMI could drop if your loan tracks EBLR

After the RBI’s repo rate cut, SBI has reduced its EBLR and RLLR lending rates by 25 basis points. The change is set to take effect from April 15, 2025. MCLR rates will remain unchanged, so the impact on EMIs will depend on whether your loan is linked to EBLR or RLLR.

  • SBI slashes EBLR and RLLR lending rates by 25 bps
  • New rates come into effect April 15, 2025
  • MCLR rates stay unchanged for now
  • EMI impact depends on your loan’s benchmark link
Read the full story at The Economic Times

This summarization was done by Beige for a story published on The Economic TimesThe Economic Times

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