RBI’s Game-Changer: No More Prepayment Charges on Floating Rate Loans from 2026
The Reserve Bank of India (RBI) has announced a significant policy change set to take effect from January 1, 2026, that will eliminate prepayment charges for many. This move is a game-changer, especially for those with floating rate home loans and other floating rate advances. Who Benefits Most? The primary beneficiaries are floating rate loan … Read more