Lower home loan EMIs: These banks have reduced home loan interest rates in April 2025 after RBI rate cut

Bank of India has also reduced its lending rates in line with RBI’s 25 basis points repo rate cut. The bank has brought down its repo-linked benchmark lending rate (RBLR) from 9.1% to 8.85%, with the revised rate effective from April 9, 2025.

According to Bank of India’s BSE filing, “Effective RBLR from 9.1% to 8.85%, a decrease of 25 bps. The new rates are effective from April 9, 2025.”