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VEHICLE LOANS

RBI rate hike reaches loan checks

The repo-rate decision may affect floating-rate car and two-wheeler loans at their next reset.

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WHAT CHANGED

Policy rate moved higher

25 bps

The RBI announced the increase on 7 Oct 2026.

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THE NEW RATE

Repo rate now stands higher

5.50%

The Monetary Policy Committee also shifted to calibrated tightening.

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WHO IS AFFECTED

Floating loans need timing checks

Benchmark, spread and reset date decide when a lender can change the repayment schedule.

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READ THE FULL STORY

Check your loan reset terms

See how EMI, tenure and total repayment can differ across loan contracts.

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READ THE FULL STORY

Get the full breakdown

Sources, numbers and what to watch next.

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Read: RBI raises repo rate by 25 bps to 5.50%; car-loan borrowers face reset checks