MUMBAI, India, July 13 -- Intellectual Property India has published a patent application (202621061832 A) filed by Nilesh Nana Mharsale; Dr. Surekha Appasaheb Gaikwad; Prof. Sakhala Swapnil Ravilal; Dr. Rupali Prakash Kotwal; and Dr. Dilip Kisan Bhere on May 15, 2026, for Automated Loan Emi Adjustment System Based On Inflation Index And Borrower Income Variation.
Inventors include Dr. Surekha Appasaheb Gaikwad; Prof. Sakhala Swapnil Ravilal; Dr. Rupali Prakash Kotwal; and Dr. Dilip Kisan Bhere.
The application for the patent was published on July 10, 2026, under issue no. 28/2026.
Abstract: The present invention relates to an automated system and method for dynamic adjustment of loan EMI based on inflation indices and borrower income variation. The system integrates macroeconomic parameters such as CPI inflation, GDP decline, unemployment index, and repo rate variation with borrower salary patterns to compute affordability and risk scores. Based on the computed scores, the system automatically recalculates EMI amount, loan tenure, or provides temporary moratorium. The invention reduces default risk, improves loan recovery, and ensures borrower affordability during economic fluctuations.
Disclaimer: Curated by HT Syndication.
