EMIs set to go up as RBI hikes rates in bid to curb price rise June 8, 2022 by editor The RBI’s action will automatically push up the cost of mortgages as over 90% of bank home loans are linked to the repo rate. With this increase, the EMI on a Rs 1 crore, 20-year home loan would rise by Rs 3,029 from Rs 77,530 to Rs 80,559.