Refinance your personal loan. Save up to Rs 8,000 every month.
If you took a personal loan more than a year ago - your rate is almost certainly higher than what you'd get today. TransferYourLoan scans the market in seconds and structures a transfer that cuts both your EMI and your total interest.
Why borrowers choose EMIvana
Slash 5-7% off your rate
Top up your credit profile with our optimization moves first, then transfer to a much lower-rate lender.
Consolidate multiple PLs
Running 2 or 3 personal loans? We merge them into one low-rate loan - single EMI, lower interest.
Foreclose without penalty
We pick lenders with zero foreclosure charges so you stay flexible if rates drop further.
Sample PL refinance: Rs 3.8L outstanding, 3-year tenure
How it works
Tell us your PL
Outstanding amount, current EMI, lender - that's all.
AI ranks offers
We compare 25+ NBFC and bank PL products in real time.
Advisor calls you
Plain-English walkthrough of the best 2 offers.
Refinance closes
Existing loan settled directly with old lender. Done.
Frequently asked
When does a PL transfer make sense?+
Whenever your current rate is 3% or more above the best available rate, AND you have more than 12 months of tenure remaining. TransferYourLoan checks this automatically.
Will the new loan have processing fees?+
Yes, typically 1-2%. Our AI bakes this into the savings math - we only show transfers where you come out ahead after fees.
Personal loan refinance - related topics
Concepts and terms most borrowers compare before transferring their personal loan.
Personal loan transfer - Moving your unsecured personal loan to a new lender at a lower rate.
Loan refinance - Closing the old loan with proceeds from a cheaper new loan.
Debt consolidation - Combining multiple loans into one easy-to-manage payment.
Lower interest rate - Refinancing only makes sense when the new APR is materially lower.
Foreclosure charges - Penalty old lenders apply on early closure - we pick lenders that waive it.
Credit score impact - A single hard pull during application - minor, recovers within months.
NBFC personal loan - Non-bank lender option, often faster but at higher APR than banks.
Processing fee - One-time origination fee on the new personal loan, typically 1-2 percent.
EMI restructuring - Recasting tenure or amount to right-size your monthly cash flow.
Stop overpaying on your personal loan.
Free AI rate check. Expert advisor callback in 30 minutes.
- ✓ Free AI analysis across all your loans
- ✓ Compare offers from 30+ RBI-regulated lenders
- ✓ Zero impact on your credit score