No More Extra Fees: RBI Bans Prepayment Charges on Home, Personal & MSME Loans
The Reserve Bank of India (RBI) has made a major announcement that will benefit millions of loan borrowers across India. From January 1, 2026 š , the RBI bans prepayment charges on floating-rate loans. This means if you repay your home loan, personal loan, or MSME loan early, you wonāt have to pay any extra charges … Read more