No Foreclosure Charges on Loans? Waiver of foreclosure charges for MSME

The Reserve Bank of India has issued a new circular on **Prepayment & Foreclosure Charges**, effective from **January 1, 2026**, bringing much-needed relief to borrowers. In this video, CA Ankush Jain breaks down the *key provisions* of the RBI's 2025 directive, explaining which borrowers are now **exempted from prepayment charges**, what types of loans are covered, and what regulated entities must follow. 📌 Topics Covered: 1. Who is exempted from foreclosure/prepayment charges? 2. What types of loans are covered? (Personal loans, business loans, CC/OD, etc.) 3. What is the ₹50 lakh limit for MSMEs? 4. When can banks still charge foreclosure fees? 5. Mandatory disclosures in sanction letters & agreements 6. Impact on NBFCs, SFBs, RRBs, Co-op banks & commercial banks 🎯 Useful For: ✅ Bankers & Credit Officers ✅ MSMEs & Entrepreneurs ✅ Borrowers of business/personal loans ✅ NBFC & DSA consultants ✅ CA/CMA/Finance Students #RBICircular #LoanForeclosureCharges #PrepaymentCharges #RBIJan2026 #MSMEFinance #NBFCGuidelines #CAAnkushJain #CreditAwareness #LoanClosureCharges #BankingCompliance #RBIUpdates #ForeclosureExemption #BankLoanRules Join this channel to get access to perks:    / @ankushjain   rbi circular foreclosure charges 2025, rbi loan prepayment rules 2026, foreclosure charges rbi update, rbi circular on personal loans, rbi guidelines on msme loans, no foreclosure charges loans, bank prepayment charges, loan closure rules india, foreclosure charges removal, rbi notification prepayment