CIBIL Score Matters
The Finance Ministry has emphasized the importance of CIBIL scores when sanctioning home and gold loans. A good score can unlock better interest rates
and loan terms. Borrowers should pay close attention to their credit history, ensuring timely payments to maintain a healthy CIBIL score. Consider it like your financial report card!
EPFO and LIC Policies
Did you know you can finance your LIC policy for two years using your EPFO funds? This offers a convenient way to manage your insurance premiums. This is particularly helpful for those looking for flexible payment options, especially with rising costs across the board, which is why it is so relevant in India.
RBI Gold Bond Scheme
The RBI Gold Bond Scheme also offers options for premature redemption. This allows investors to access their funds before the maturity date, providing flexibility in financial planning. It is worth exploring if you need liquidity or are considering other investment opportunities, given the market trends.
