Interest rates are falling, time to switch your home loan regime: Save above Rs 8 lakh by switching to EBLR; K
Last Update Date: 06-10-2026
Published by The Economic Times
Abhishek Kumar's role: Quoted
Abhishek Kumar explained that the external benchmark rate is tied directly to the RBI repo rate, which makes it more transparent. The article's savings comparison for switching was sourced from SahajMoney.
More of Abhishek's views on debt and loans
The article explains the four home loan interest regimes and why borrowers on older benchmarks may pay more than those on repo-linked rates after recent cuts. It covers how to switch to the external benchmark, the fees involved, processing time and when moving to another lender makes sense.
Publisher source
Interest rates are falling, time to switch your home loan regime: Save above Rs 8 lakh by switching to EBLR; K