SBI Has Cut Interest Rate- Big relief for middle class people, find out how much the EMI has reduced

SBI Interest Rate: Big news for SBI Customers. The State Bank of India (SBI) has given a big gift to its customers. Following the Reserve Bank’s policy rate cut, the country’s largest lender, SBI, has reduced its interest rates by 25 basis points. This has made loans cheaper for both new and existing borrowers, reducing EMIs as well.

Following this reduction, SBI’s external benchmark-linked interest rate (EBLR) will be reduced by 25 basis points to 7.90%. The revised rates will be effective from December 15, 2025. This interest rate cut follows the Reserve Bank of India’s (RBI) decision last week to cut the repo rate by 25 basis points to support growth.

These interest rates were also changed

1. SBI has also reduced its MCLR by 5 basis points across all tenors. This will bring the MCLR for one-year maturity down to 8.70% from the current 8.75%.
2. The bank also announced changes to its Base Rate/BPLR. The bank has reduced the BPLR from the current 10% to 9.90%. These new rates are effective December 15th.
3. The bank has revised the interest rate on its 444-day special scheme, Amrit Varshi, from 6.60% to 6.45%. These new rates are effective December 15.
4. The bank has also reduced the interest rate on fixed deposits with a minimum maturity of 2 years to 3 years by 5 basis points to 6.40%, effective December 15.