The Reserve Bank of India's Monetary Policy Committee raised the policy repo rate by 25 basis points to 5.50% at its October 2026 meeting, and moved its stance to "calibrated tightening".
What it means for buyers
- Floating-rate home loans linked to the repo rate will reset at their next scheduled reset date, not immediately.
- EMIs on new loans are likely to rise slightly. Compare lenders before you lock in.
- If you are close to booking, ask your bank whether it offers a rate lock on sanction.
Our advisors can help you compare home-loan offers from leading banks.
