Author: Vikramaditya Sen

VS Written by Vikramaditya Sen Fact-Checked Senior Credit & Lending Underwriter • Reviewed by Credit Policy Desk • 2026 RBI Directives Senior Credit Underwriter with over 12 years of experience in retail credit underwriting, mortgage pricing, and debt portfolio management across leading Indian commercial banks. His research focuses on External Benchmark Lending Rates (EBLR/RLLR), Fixed Obligation to Income Ratios (FOIR), CIBIL score rehabilitation, and mortgage processing. More than 400 million people are credit active in India. This number is approximately half of India’s working population and has at least one loan or an active credit card. With this rising number…

VS Written by Vikramaditya Sen Fact-Checked Senior Credit & Lending Underwriter • Reviewed by Credit Policy Desk • 2026 RBI Directives Senior Credit Underwriter with over 12 years of experience in retail credit underwriting, mortgage pricing, and debt portfolio management across leading Indian commercial banks. His research focuses on External Benchmark Lending Rates (EBLR/RLLR), Fixed Obligation to Income Ratios (FOIR), CIBIL score rehabilitation, and mortgage processing. EMIs are a major part of our monthly commitment that has a major influence on our monthly planning. Whether home loan or personal loan, these monthly prepayments affect the overall loan tenure and interest…

VS Written by Vikramaditya Sen Fact-Checked Senior Credit & Lending Underwriter • Reviewed by Credit Policy Desk • 2026 RBI Directives Senior Credit Underwriter with over 12 years of experience in retail credit underwriting, mortgage pricing, and debt portfolio management across leading Indian commercial banks. His research focuses on External Benchmark Lending Rates (EBLR/RLLR), Fixed Obligation to Income Ratios (FOIR), CIBIL score rehabilitation, and mortgage processing. Buying a vehicle is a big dream for every individual which comes with major expenses. This expense and dream necessitate borrowing in many cases. Banks and reputable financial institutions are common sources of financing…

VS Written by Vikramaditya Sen Fact-Checked Senior Credit & Lending Underwriter • Reviewed by Credit Policy Desk • 2026 RBI Directives Senior Credit Underwriter with over 12 years of experience in retail credit underwriting, mortgage pricing, and debt portfolio management across leading Indian commercial banks. His research focuses on External Benchmark Lending Rates (EBLR/RLLR), Fixed Obligation to Income Ratios (FOIR), CIBIL score rehabilitation, and mortgage processing. 1. What is an EMI calculator? An EMI Calculator, also known as an Equated Monthly Installment Calculator, is a tool that assists you in determining the amount of the monthly payment that you would…

VS Written by Vikramaditya Sen Fact-Checked Senior Credit & Lending Underwriter • Reviewed by Credit Policy Desk • 2026 RBI Directives Senior Credit Underwriter with over 12 years of experience in retail credit underwriting, mortgage pricing, and debt portfolio management across leading Indian commercial banks. His research focuses on External Benchmark Lending Rates (EBLR/RLLR), Fixed Obligation to Income Ratios (FOIR), CIBIL score rehabilitation, and mortgage processing. Purchasing a home is one of the biggest investments most individuals will make at some point in their lifetime. This dream in India is not complete without needing a home loan. This one decision…

VS Written By Vikramaditya Sen ✓ Fact-Checked Credit Risk & Lending Specialist • Senior Banking Analyst Expertise in retail credit evaluation, CIBIL scoring dynamics, interest rate compounding models, and debt amortization structuring under RBI mandates. When prospective borrowers plan to acquire an automobile or finance significant personal expenditures in India, choosing between an asset-backed vehicle loan and an unsecured personal loan is one of the most critical borrowing decisions. While both credit facilities distribute the burden of a large capital expenditure into structured Equated Monthly Installments (EMIs), their underlying risk architectures, interest rate pricing mechanisms, collateral obligations, and total borrowing…

VS Written by Vikramaditya Sen Fact-Checked Senior Credit & Lending Underwriter • Reviewed by Credit Policy Desk • 2026 RBI Directives Senior Credit Underwriter with over 12 years of experience in retail credit underwriting, mortgage pricing, and debt portfolio management across leading Indian commercial banks. His research focuses on External Benchmark Lending Rates (EBLR/RLLR), Fixed Obligation to Income Ratios (FOIR), CIBIL score rehabilitation, and mortgage processing. Marriages, further education, and medical problems are all personal requirements and unanticipated expenditures. Getting a loan against a property helps you meet all these at lower interest. However, loans and mortgages are significant factors…

VS Written by Vikramaditya Sen Fact-Checked Senior Credit & Lending Underwriter • Reviewed by Credit Policy Desk • 2026 RBI Directives Senior Credit Underwriter with over 12 years of experience in retail credit underwriting, mortgage pricing, and debt portfolio management across leading Indian commercial banks. His research focuses on External Benchmark Lending Rates (EBLR/RLLR), Fixed Obligation to Income Ratios (FOIR), CIBIL score rehabilitation, and mortgage processing. Buying a car is a dream of every household in India, but it comes with expenses that are difficult to cover without a car loan. A car loan in India offers borrowers an easy…

VS Written by Vikramaditya Sen Fact-Checked Senior Credit & Lending Underwriter • Reviewed by Credit Policy Desk • 2026 RBI Directives Senior Credit Underwriter with over 12 years of experience in retail credit underwriting, mortgage pricing, and debt portfolio management across leading Indian commercial banks. His research focuses on External Benchmark Lending Rates (EBLR/RLLR), Fixed Obligation to Income Ratios (FOIR), CIBIL score rehabilitation, and mortgage processing. Deciding whether to take a home loan or invest in SIPs can be confusing. Each has its benefits and potential downsides, and it really comes down to what you want to accomplish financially, how…

VS Written by Vikramaditya Sen Fact-Checked Senior Credit & Lending Underwriter • Reviewed by Credit Policy Desk • 2026 RBI Directives Senior Credit Underwriter with over 12 years of experience in retail credit underwriting, mortgage pricing, and debt portfolio management across leading Indian commercial banks. His research focuses on External Benchmark Lending Rates (EBLR/RLLR), Fixed Obligation to Income Ratios (FOIR), CIBIL score rehabilitation, and mortgage processing. India is today the fourth largest market for 4-wheelers in the world. The demand for cars from younger consumers is increasing year after year. This dream of buying a car, however, involves taking a…