How Your EMI Is Calculated: The Maths Behind Every Instalment
Most borrowers never question the number their bank gives them. This article breaks down the exact reducing-balance formula, with worked examples.
Indian Loan Calculator Blog
Practical guides and awareness articles on loans, personal finance, and your rights as a borrower — sourced from RBI guidelines and financial best practices.
EMI & Interest
RBI Guidelines
RBI's Fair Practices Code: Your Rights as a Borrower
The RBI mandates a Fair Practices Code for all banks and NBFCs. Know what lenders are legally required to disclose — and what they cannot do to you.
Credit Score
How to Improve Your CIBIL Score Before Applying for a Loan
A score below 700 can cost you lakhs in higher interest. Here are proven, actionable steps to raise your CIBIL score in 3–6 months.
RBI & Rates
How the RBI Repo Rate Directly Affects Your Home Loan EMI
Every time the RBI changes the repo rate, your floating-rate loan changes too. This guide explains the transmission chain and what you should do each time.
EMI & Interest
Flat Rate vs Reducing Balance: The Hidden Cost Most Borrowers Miss
A "12% flat rate" loan can actually cost you 20%+ annually. Learn why the two methods are not comparable — and how to convert between them.
Loan Management
Loan Prepayment in India: RBI Rules, Benefits and When It Pays Off
RBI rules restrict foreclosure penalties on floating-rate loans. Understand when prepaying saves money and when you should invest instead.
Borrower Rights
10 Clauses to Read Before Signing Any Loan Agreement
Most people sign loan documents without reading them. These 10 clauses have cost Indian borrowers dearly — know them before you sign.
Personal Finance
Why You Must Build an Emergency Fund Before Taking Any Loan
Taking a loan without an emergency fund is like sailing without a life jacket. Here's how to size your fund and where to park it in India.
Awareness
How to Spot and Escape a Debt Trap: RBI's Warning Signs
Millions of Indians fall into debt traps every year. Learn the early warning signs, the RBI's advice on over-indebtedness, and your legal recourse.
Home Loans
Fixed vs Floating Interest Rate: Which Is Right for Your Home Loan?
With the RBI repo rate at 6.25%, the fixed vs floating debate is more relevant than ever. A structured framework to help you choose wisely.