Know your money — not just vibes

Loans, explained before you sign

Rates, tenures and charges differ between lenders, and small differences add up over years. FinResp is an independent research platform built on RBI-linked rate benchmarks and real lender data: no agents, no commissions, no data sold.

Start here

What do you want to sort out?

⚖️

Is my interest rate fair?

Your rate against today's market range for your loan type.

Rate check →

🔄

Switching to a cheaper lender

Whether a balance transfer saves money once fees are counted.

Switch check →

🏁

Closing my loan early

What closing early costs, and what it saves.

Close-early check →

Know your rights

What RBI rules say, that banks rarely mention

Each rule is explained in full in the Fine Print.

Closing a loan early

foreclosure charge on floating-rate loans to individuals

Since 1 January 2026, banks cannot charge you for closing a floating-rate loan taken for a non-business purpose early (RBI Pre-payment Charges on Loans Directions, 2025).

Read the rule →

When RBI changes the repo rate

3 months

maximum time for a repo-linked loan rate to reset

Since 2019, floating-rate retail loans are linked to an outside benchmark such as the repo rate, and the bank must pass a change on within three months.

Read the rule →

Insurance with your loan

1 Jan 2027

banks can no longer make insurance a condition of a loan

A final RBI rule bars commercial banks from making another product, such as insurance, a condition of giving you a loan.

Read the rule →

The market in numbers