RBI Repo Rate: Tax के बाद दूसरी बड़ी राहत, 5 साल बाद कम हुई EMI| RBI Cuts Repo Rate| GoodReturns

3 days ago

RBI Cuts Repo Rate By 25 Bps In Governor Sanjay Malhotra's First Policy Move
5 साल बाद RBI ने घटाया ब्याज दर
25 बेसिस पॉइंट की कटौती का ऐलान
लोन होंगे सस्ते
रेपो रेट 25 बेसिस प्वाइंट घटकर 6.25% हो गया
समझिए Repo Rate के कम होने से आपकी EMI कैसे कम होगी?

#reservebankofindia #rbi #rbimonetarypolicy #rbimpc #reporatecuts #cashreserveratio #policystance #sanjaymalhotra #inflationoutlook #GDPforecast #liquidity #rupeeoutlook #businessnews #businessnewstoday #sharemarkettoday #reporate #EMI #HomeLoan

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Transcript

00:00On 1 February, the Peshawar Union Budget 2025 gave relief to the middle class and the income

00:12up to Rs 12 lakh was tax-free.

00:14After that, the middle class had a view on the decision of the RBI, which has been taken

00:19today, in which the repo rate has been reduced.

00:21That is, after the income tax, the middle class has got another relief.

00:25The RBI has announced a reduction in the repo rate after 5 years.

00:29After the reduction of this basis point, the current repo rate has decreased from 6.50%

00:34to 6.25%.

00:35So how is this going to impact your home loan?

00:39How are your EMIs going to decrease?

00:41We will try to understand that in this video.

00:44So the RBI governor said that this decision has been taken while keeping economic development

00:48in mind in the MPC meeting.

00:50Before that, in February 2023, the last time the repo rate had increased and it has been

00:55reduced for the first time since May 2020.

00:58The MPC decided unanimously to reduce the policy rate by 25 basis points from 6.50%

01:10to 6.25%.

01:12This reduction will affect the EMI of home loan, car loan and personal loan, which will

01:17give relief to the common people.

01:19So how will home loan get relief from the fall in interest rates?

01:22Let's understand this with an example.

01:24For example, your home loan amount is Rs 50 lakh and its duration is 20 years.

01:28The old interest rate was 8.5%.

01:30If you look at it this way, your EMI becomes Rs 43,391.

01:35Now the new interest rate has become 8.25% because a reduction of 0.25% has been made.

01:41This will make your EMI Rs 42,603.

01:45That is, your monthly budget was Rs 788.

01:49Now let's understand what the repo rate is.

01:51The repo rate is the rate at which the Reserve Bank lends to other banks.

01:56When the repo rate increases, the banks get a loan from the Reserve Bank at an expensive rate.

02:01On the other hand, the reverse repo rate is the rate at which the RBI takes a loan from

02:05commercial banks.

02:06Home loan, personal loan and auto loan are all linked to the banking loan repo rate.

02:12When banks get a loan at a lower interest rate, they themselves reduce their interest rate

02:18so that the desire to take a loan increases.

02:21By increasing the repo rate, the loan becomes expensive for the banks and the banks increase

02:26the rate of interest on the loan given to the customers.

02:29In this way, your EMI increases.

02:31That is, the reduction of 0.25% will directly impact their EMI.

02:38The EMI will now decrease.

02:40That's all in the video.

02:41How did you like this RBI decision?

02:43Do tell us by commenting.

02:45If you are watching this video on Facebook, then like the Facebook page.

02:48If you are watching on YouTube, then don't forget to subscribe to the GoodReturns YouTube channel.

RBI Repo Rate: Tax के बाद दूसरी बड़ी राहत, 5 साल बाद कम हुई EMI| RBI Cuts Repo Rate| GoodReturns

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