Personal Finance How repo rate-linked home loans help you save on EMIs Updated : June 09, 2020 04:25 PM IST The Reserve Bank of India (RBI) has cut its repo rate multiple times in the recent past. Consumers having loans linked to marginal cost of lending rate (MCLR) do not get any immediate benefit from the lowering of rates. However, the transmission of these low rates to the borrower are speedier only in case of loans which are based on the repo-linked lending rates. Subscribe to Moneycontrol PRO at just Rs.33/- per month for the first year. Use code SUPERPRO. Limited period offer. Available on Web and Android.