RBI's decision to cut the repo rate by 25 bps to 5.25% is expected to lower EMIs of home loans. The fastest benefit reaches floating rate loan borrowers. For example, EMI for a ₹75 lakh loan for 25 years at 8.5% interest rate would be ₹60,392. With a 25-bps cut, interest drops to 8.25%, reducing EMI to ₹59,134.