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Keep home loan EMI's in an emergency fund

Keep home loan EMI's in an emergency fund

Friday, November 3, 2017, 3:36 PM

Today, job security is a myth. With many citizens losing jobs, you better keep at least 7-8 home loan EMI's in an emergency-fund. If you do this, you won't have to worry too much, if your salary is delayed or you lose your job. Keeping home loan EMI's in an emergency fund, ensures timely home loan EMI repayments and you get good Cibil score.
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