See through the fine print

Every calculator, every insurance analysis, and every Oquilia Score on this platform is built through a rigorous, multi-step methodology that prioritises accuracy over speed and substance over marketing appeal. We do not scrape data from aggregator websites. We do not rely on press releases. We go to the primary source every single time.

Financial Calculators

Our 150+ financial calculators are built by reading the actual legislative text. For income tax calculators, that means parsing the Finance Act provisions as passed by Parliament, not newspaper summaries of the Union Budget. When the Finance Minister announces a new tax regime or modifies slab rates, our team reads the Finance Bill, cross-references it against the Income Tax Act 1961 (as amended), and updates every affected calculator within 48 hours of Royal Assent. Each formula is then independently verified by running test cases against published examples from the Income Tax Department's own documentation.

Loan calculators use the Reserve Bank of India's published repo rate, MCLR benchmarks, and the National Housing Bank's reference rates. We do not use approximate or “average” interest rates. When the RBI Monetary Policy Committee announces a rate change, the affected calculators (home loan EMI, loan eligibility, rent-vs-buy analysis) are updated to reflect the new rate before the next business day.

Insurance Analysis and Policy DNA

Our insurance analysis does not begin with an insurer's marketing brochure. It begins with the policy wording document — the legally binding contract between the insurer and the policyholder. Our analysis engine reads the full policy wording (typically 40 to 80 pages per product), extract every inclusion, exclusion, sub-limit, waiting period, and co-payment clause, and present them in a standardised format we call Policy DNA. Every Each extracted data point is then human-reviewed by a team member with domain expertise in insurance regulation. This two-layer process (automated extraction followed by human verification) ensures that the information you see on Oquilia reflects what the policy actually says, not what the insurer's landing page implies.

Oquilia Scores

The Oquilia Score is our proprietary composite rating for insurance products and insurers. It is not an opinion. It is an algorithmically generated score derived from publicly available regulatory data. The inputs include the insurer's incurred claims ratio (from IRDAI annual reports), complaint resolution rate (from the IRDAI Grievance Redressal data), network hospital count and geographic distribution, product innovation (breadth of plan options, rider availability, restoration and floater features), and claims settlement speed (from IRDAI public disclosures). Each parameter is weighted based on its empirical impact on policyholder outcomes. No insurer can influence their Oquilia Score through commercial relationships because no such relationships exist.

Update Frequency

Our data update cycle is aligned with the rhythm of India's financial regulatory calendar. Tax calculators are updated after every Union Budget and Finance Act notification. Insurance data is refreshed when IRDAI publishes its annual report (typically July-August each year) and when quarterly complaint data is released. Interest rate calculators are updated within 24 hours of every RBI Monetary Policy Committee decision. Mutual fund data syncs daily with AMFI NAV feeds. This is not a static reference website. It is a living platform that moves with the regulatory landscape.

The Indian financial advisory ecosystem is built on commissions. Insurance agents earn 15% to 40% commission on the policies they sell. Mutual fund distributors earn trail commissions that incentivise recommending high-expense-ratio funds. Online aggregators earn referral fees for every lead they generate. In this environment, the advice a consumer receives is almost always shaped by the advisor's revenue model, not the consumer's best interest.

Oquilia operates on a fundamentally different model. We earn zero commissions from any financial product sale. There are no affiliate links to insurers. There are no referral arrangements with mutual fund distributors. There are no “recommended” products that pay us for placement. When you see an Oquilia Score of 8.7 for a health insurance plan, that score was generated by an algorithm processing regulatory data. No human at Oquilia can override it, and no insurer can pay to improve it.

Our Revenue Model

Oquilia sustains itself through display advertising and premium features. Display advertisements are clearly marked and never disguised as editorial content or recommendations. Our premium tier offers advanced calculator features, detailed PDF reports, and enhanced analysis tools. Critically, the free tier contains the same underlying data and the same Oquilia Scores as the premium tier. We do not gate accuracy behind a paywall. Premium users get convenience and depth of presentation; free users get the same trustworthy data.

Editorial Independence

Every ranking, every comparison, and every recommendation on Oquilia is algorithmically generated from regulatory data. Our editorial team writes explanatory content, guides, and analysis articles, but they do not influence product rankings or Oquilia Scores. There is a strict separation between content operations and the scoring engine. No advertiser, no insurer, and no fund house has ever been given advance notice of their score or ranking. We publish what the data says, even when it is unflattering to large, well-known financial institutions.

This independence is not a marketing claim. It is an architectural decision. The scoring algorithms run on regulatory data inputs with no manual override capability. The editorial team cannot access the scoring database. The advertising team cannot see upcoming scores. These are not policies we hope people follow. They are technical constraints built into the system.

According to the Reserve Bank of India's National Strategy for Financial Education survey, 76% of Indian adults lack basic financial literacy. They cannot correctly answer questions about compound interest, inflation's impact on savings, or the diversification principle. This is not a failure of intelligence. It is a failure of access. Financial products in India are sold through commissioned agents who have strong incentives to simplify, omit, and sometimes misrepresent. Policy wordings are written in dense legal English. Tax provisions are scattered across multiple Acts and hundreds of CBDT notifications. The system is, by design, opaque.

Oquilia exists to make this system transparent. Our mission is to democratise financial intelligence in India, to make every Indian capable of understanding their own tax liability, evaluating their own insurance policy, and projecting their own retirement corpus without depending on a commissioned intermediary whose incentives may not align with theirs.

This is not about replacing financial advisors. Qualified, fee-only financial planners provide genuine value, especially for complex situations involving estate planning, cross-border taxation, or large portfolio management. What Oquilia replaces is ignorance. When a first-time health insurance buyer in Bhopal can use our Policy DNA tool to see that Plan A has a two-year waiting period for knee replacement while Plan B has only one year, that buyer is making an informed choice. When a salaried professional in Pune can run our tax calculator and see that switching to the new regime saves them Rs 23,400 annually, they are making a data-driven decision. When an NRI in Dubai can use our DTAA calculator to understand their double-taxation relief on Indian rental income, they are exercising financial autonomy.

We build for the Tier-2 and Tier-3 user as seriously as we build for the Mumbai HNI. Our calculators work on low-bandwidth connections. Our content is written in clear, jargon-free English. Our interfaces are designed for mobile-first usage because 83% of Indian internet users access the web primarily through smartphones. Financial literacy should not be a privilege of the English-speaking, metro-dwelling, professionally-advised minority. It should be infrastructure, as basic and universally accessible as a search engine. That is what Oquilia is building.