Isha's Post

Your bank won’t advertise this From 1st January 2026, you could save lakhs on loan prepayment penalties. Here’s what’s changing ⬇️ Right now, closing your home loan, car loan, personal loan early often means paying a 2–3% penalty. But RBI has banned prepayment penalties on floating rate loans starting Jan 2026. That means if you take a floating rate loan on or after 1st Jan 2026, you can close it anytime — without paying a single rupee as penalty. ⚠️ Important: This applies only to new loans taken after Jan 1, 2026 or existing loans renewed after that date. So if you’re planning to take a loan soon, waiting till January might save you big money. And if you already have a floating rate loan, early closure just became much smarter. Banks won’t tell you this — so share it with everyone

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This post was published on 27th December, 2025 by Isha on her Instagram handle "@ca.ishajaiswal (Isha Jaiswal)". Isha has total 697.3K followers on Instagram and has a total of 547 post.This post has received 1.2K Likes which are lower than the average likes that Isha gets. Isha receives an average engagement rate of 0.99% per post on Instagram. This post has received 12 comments which are lower than the average comments that Isha gets. Overall the engagement rate for this post was lower than the average for the profile.