MSMEs welcome RBI’s decision to eliminate pre-payment charges on floating-rate loans
- Posted on July 3, 2025
- By Financial Express
- 1 Views
MSMEs welcome RBI’s decision to eliminate pre-payment charges on floating-rate loans
The RBI has prohibited pre-payment charges on floating-rate loans taken by individuals and Micro and Small Enterprises (MSEs), effective from January 1, 2026. The move aims to promote fair lending and easy access to finance. SBFC Finance welcomed the decision, calling it a borrower-friendly step.
