There is a clear need for simpler, borrower-friendly disclosures from lenders-how the interest rate is calculated, what can change over time and when changes are passed on

FinTech BizNews Service
Mumbai, 31 January 2026: With the Union Budget 2026 around the corner, Vikas Tarachandani, Co-founder, SURE, shares a few expectations from the budget:
SURE, India’s first Liability Management Platform helps financially aware, salaried urban professionals stop silent overpayment on their home loans and convert savings into long-term financial strength. Focused on the top 5% income segment, it simplifies the complexities of lending so borrowers can make smarter decisions with honesty and transparency.
Vikas Tarachandani, Co-founder, SURE:
“For most Indian households, the home loan is the biggest long-term liability and we hope the Budget strengthens home-loan tax benefits to support affordability. Alongside this, there is a clear need for simpler, borrower-friendly disclosures from lenders-how the interest rate is calculated, what can change over time and when changes are passed on. If we make loan terms easier to understand, we can meaningfully reduce overpayment at a national level and improve household financial resilience”.