Not sure about that personal loan you just took? In India, many borrowers get a short cooling off period a legal window to cancel the loan with minimal cost. This grace period, often 7 to 14 days under RBI guidelines, lets you rethink without heavy penalties. Just notify the lender in writing during this time to exit cleanly and save on interest.
Got a personal loan approved but having second thoughts? What India’s cooling-off rules mean for borrowers
