Last month, Prateek opened his bank statement and stared at it in disbelief. His home loan EMI had increased by ₹2,847. Just like that. No warning, no explanation in the statement. He’d been religiously following news about RBI reducing repo rates. He’d seen headlines saying “Home loan rates hit 5-year low.” He’d even calculated how … Read more
My neighbor Deepak needed ₹3 lakh urgently. His mother required surgery, and his insurance claim was stuck in processing. He applied at his bank on a Monday morning. They asked for 15 different documents. Told him the approval would take 7-10 working days. Maybe longer if the credit committee had questions. Frustrated, he tried an … Read more
Kartik sat across from me last month, completely baffled. He’d just been rejected for a home loan—the third rejection in two months. “My CIBIL score is 768,” he said, showing me his phone. “That’s good, right? So why does every bank keep saying no?” I pulled up his bank statements and credit report. Within five … Read more