Borrower Rights

Oct 5, 20268 min read

Can Your Bank Lock Your Phone for a Missed EMI? RBI's New Rules, Explained Simply

RBI's final recovery rules (effective Jan 1, 2027) ban banks from locking your phone for home, auto, personal or card dues. One narrow exception exists.

Oct 4, 20267 min read

Missed Your EMI? The Day-by-Day Timeline of What the Bank Does Next — and Your Rights at Every Step

Missed an EMI? The RBI timeline from Day 1 to Day 90, your rights under the live recovery rules, restructuring math, and when Lok Adalat helps — explained.

Oct 1, 202610 min read

Loan Guarantor in India: 7 Rights You Have and 5 Risks Nobody Tells You About

Signing as a loan guarantor in India? Under Section 128 your liability is co-extensive with the borrower's. Know the 5 risks and 7 rights — including 2026 court rulings — before you sign.

Sep 27, 20268 min read

RBI's New Recovery Rules: 7 Things Agents Can't Do Anymore

RBI's new recovery rules take effect Jan 1, 2027: no calls after 7 PM, no device locking, Rs 250/hr for violations - your borrower rights, explained simply.