The Loan Clauses Nobody Reads: Fine Print Liability Management

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The interest rate gets all the attention, but the clauses decide what a loan really costs. Floating rates reset against a benchmark, so ask how often and whether the spread can change. Fixed-rate loans often carry foreclosure charges, while floating-rate loans to individuals usually cannot. Watch for processing fees on top-ups, penal charges on missed EMIs, and insurance quietly bundled into the disbursal. Sensible liability management means reading the agreement before signing and asking the lender to list every charge in one written schedule. As a SEBI-registered investment advisor, 1 Finance offers purely advisory guidance with no products to sell and no commissions to earn. Download 1 Finance on the App Store today.

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