Why isn't your home loan EMI dropping after RBI rate cuts? Blame your lender
Published on: Aug. 18, 2025, 6:30 a.m. | Source: Economic Times
Home loan borrowers face a crucial choice between banks and housing finance companies. Banks often pass on rate cuts faster due to their funding sources. HFCs adjust rates at their discretion, leading to delays. Banks have stringent paperwork. HFCs have relaxed policies towards customers with low credit scores. However, borrowers should consider interest costs and convenience before choosing between HFCs and banks.
