Your loan is costing you more than it should.
SKELO compares balance transfer offers from our RBI-registered lending partners, shows you the saving after every fee, and runs the switch for you. You approve every step.
Offers from our lending partners
Is switching worth it? Do the real maths.
Most calculators only show the new EMI. Ours subtracts the foreclosure charge, the new processing fee and GST, then tells you when the switch pays for itself.
Estimate only. Floating-rate loans to individuals usually carry no foreclosure charge for loans sanctioned from 1 Jan 2026 (RBI). Final rates and fees come from the lender's Key Fact Statement.
Get these offers on WhatsAppEvery matching offer, ranked by what you'll actually pay.
The lowest interest rate is not always the cheapest loan. A high processing fee can wipe out a lower rate, so we rank on total repayment and show the APR, which counts the fees.
Illustration Lenders, rates and fees here are examples built from your calculator inputs, not live offers. Real offers come with each lender's name and Key Fact Statement before you sign.
Your lender won't tell you. A new lender only shows its own offer.
That gap is why SKELO exists. As a Lending Service Provider working with several NBFCs, we put every matching partner offer in front of you, side by side.
| Your current lender | Going to a new lender yourself | SKELO | |
|---|---|---|---|
| Tells you you're overpaying | Rarely | Only if it wins your loan | Yes, with the numbers |
| Offers you see | Its own, if it reprices | One lender | Every matching partner offer |
| Saving shown after fees | No | Usually just the new EMI | Net of foreclosure, fees and GST |
| Paperwork and closure letter | Your problem | Partly | We chase it till the NOC |
| Cost to you | n/a | Lender's fees | ₹0 from SKELO |
Five steps. No branch visits.
Share your loan
Your current rate, outstanding and EMI. A loan statement helps.
YouWe compare
Matching partner offers, ranked by total cost after every fee.
SKELOYou choose
Pick an offer and apply on the lender's own link, sent on SMS and WhatsApp.
YouLender pays off
The new lender approves and pays your old lender directly. Money never passes through us.
LenderLoan closed
We follow up until the old lender issues your closure letter (NOC).
SKELOSwitch the loans that hurt the most.
Personal loan
Move a high-rate personal loan to a cheaper partner NBFC, with an optional top-up.
Home loan
Old benchmark or an NBFC rate? Small rate cuts add up to lakhs over the tenure.
Credit card dues
Turn revolving card debt at 36%+ a year into one fixed-EMI personal loan.
Many small loans
Several app loans and EMIs? Consolidate them into one loan, one date, one rate.
Every offer comes from an RBI-registered lender.
You always know which lender the offer is from. The loan agreement and Key Fact Statement come straight from that lender.
Balance transfer borrowers, ready to switch.
BT customers already have a repayment track record. We find them, call them in Hindi and English, show them your offer next to their current loan, and send them to your journey with their documents ready.
Become a lending partnerDedupe before dial
Leads checked against your book by API. Your existing customers are never pitched.
Voice AI qualification
Every lead called in Hindi or English: current lender, rate, outstanding, intent.
Link on SMS + WhatsApp
Your official application link within seconds, plus reminders until KYC is done.
Batch-level MIS
Dialed, connected, interested, applied, approved, disbursed. Matched back to every call.
We're a Lending Service Provider, not a lender.
What we promise
- The lender is named on every call, SMS and WhatsApp message
- You see the lender's Key Fact Statement (APR, all charges) before you sign
- You can exit in the lender's cooling-off period, paying only principal and proportionate APR
- Your data is used only for your loan, with consent, under the DPDP Act
What we will never do
- Ask you to pay any fee, deposit or "processing charge" to SKELO
- Ask for your OTP, UPI PIN, card number or net banking password
- Receive loan money or collect your EMIs
- Access your contacts, photos or call logs
What is a balance transfer?
You take a new loan from a cheaper lender, which pays off your existing loan in full. You then pay a lower EMI to the new lender. Many lenders also offer a top-up on top of the transferred amount.
When is a balance transfer not worth it?
When the foreclosure charge and new processing fee eat up the saving, usually on a small balance with few months left. Our calculator shows this, and we will tell you plainly if staying put is better.
How does SKELO make money if it's free for me?
Our partner lenders pay us for sourcing and onboarding, as RBI rules require. You never pay SKELO anything.
Will checking offers hurt my credit score?
No. Comparing offers does not affect your score. A credit check happens only when you apply with a lender, and only with your consent.
How will I receive the application link?
On both SMS and WhatsApp. The message always names the lender. Never share an OTP or pay any amount to apply through these links.
Is SKELO a bank or an NBFC?
No. SKELO is a Lending Service Provider. We do not lend, hold deposits or decide who gets a loan. You can verify any lender on the RBI website and report unauthorised lenders at sachet.rbi.org.in.
How do I stop calls or messages?
Tell us on the call, reply STOP on WhatsApp, or write to our grievance officer below with your mobile number. We remove you from every campaign within 7 working days.
Something wrong? Reach a named person.
Nodal Grievance Redressal Officer
How it's handled
- Write to usShare your mobile number and what happened. We acknowledge within 48 hours.
- ResolutionWe resolve it, or pass it to the lender's grievance officer if it concerns your loan.
- EscalateNot resolved in 30 days? File with the RBI at cms.rbi.org.in.
Send us one batch. Judge us on the funnel.
For NBFCs and lenders. Share a pilot list or a product to grow, and get a batch-level funnel back within a week.