Personal loan application: How does credit score matter and what are the other factors considered?

Before applying for a personal loan with any bank, NBFC, or fintech, make sure you check the eligibility criteria. Without fulfilling the eligibility criteria, your application will be rejected resulting in disappointment. The credit score plays an important role in personal loan approval. The other factors include the individual’s age, income, employment, KYC, debt-to-income ratio,
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Big change coming in gold loans? Soon, you may be able to repay in EMIs

Currently, gold loan providers offer bullet repayment options. (AI image) Gold Loan EMIs: Following RBI’s identification of gaps in gold loan disbursements by banks and lending institutions, the sector is looking to start monthly amortisation schemes. The regulated bodies may require borrowers to start interest and principal payments through EMIs immediately upon loan approval. Additionally,
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