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RBI Directive: 2026 Live

Audit your personal loan in 60 seconds. See exact foreclosure costs, compare balance transfer offers, and check whether the RBI Pre-payment Directions, 2025 (floating-rate loans, effective 1 Jan 2026) protect you.

Home Loan Personal Loan RBI 2026
100% Free No Login Required 60s to get a verdict
Floating-rate personal loan? Foreclosure must be free. The RBI Pre-payment Charges Directions, 2025 (effective 1 Jan 2026 for loans sanctioned/renewed on or after that date) — and the older 2014 RBI rule for existing floating-rate retail loans — prohibit any foreclosure, prepayment or part-payment charge on floating-rate personal loans to individuals. Heads up: most Indian PLs are still fixed-rate and not covered. We tell you exactly which side you're on.
60-SECOND CHECK · NO UPLOAD · NO SIGNUP

Can your bank legally charge you to foreclose?

Instant verdict on your foreclosure rights under RBI rules — plus the cheapest balance transfer option for your bank. Just 3 fields.

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Your data never leaves your browser Takes < 30 seconds

1 Your Personal Loan Details

% p.a.
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Check your bank app → Loans → Personal Loan → Outstanding.
Banks charge lower foreclosure fees after more EMIs are paid.

2 Foreclosure Analysis

3 Part-Payment Options

4 Recommended Actions

5 Balance Transfer Market Comparison

Personal loan BT processing fees are typically 1–3% of loan amount — much higher than home loans. Always demand a written quote before committing.
Bank Best Rate Your New EMI vs Your EMI Net Saving Processing Fee
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