Loan and EMI: Most people look only at EMI while taking a loan. If EMI is included in the budget then people start planning to take the loan as soon as possible. In such a situation, this method can also put you in some trouble. Lower EMI means longer tenure due to which you may have to pay more and more interest burden over time. Therefore, whenever you take a loan, always keep these rules in mind.

1. Borrow only as per your need

Always keep in mind that all your EMIs should be within a limited portion of your monthly income. Borrow as per your capacity.

2. Disadvantages of long tenure

Apart from this, the longer the tenure, the interest will also keep adding up with time. Therefore, choosing a shorter tenure by paying slightly higher EMI is the best option for you.

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3. Interest rates and hidden costs

Not only this, one should stop comparing only the interest rates shown in advertisements. You need to understand the hidden costs like processing fees, prepayment charges and late payment penalties properly.

4. Big impact of small prepayment

Always keep one thing in mind that do not wait for a huge amount to close the loan early. That means, small payments made from time to time also help the most in reducing the loan. By doing this, the future interest and loan gradually reduces.

However, a loan is affordable only when it does not put any strain on your future. Instead of just looking at the EMI, it is essential to consider the tenure, total interest and your actual repayment capacity.

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The continuous increase in crude oil prices is now going to have a direct impact on the pockets of common people. If crude oil prices in America remain at 90 USD then it can increase inflation in India also. This has been mentioned in the recent report of Union Bank. It has also been told in this report that if the situation continues like this then it is going to have a direct impact on your EMI. This news may worry middle class people.

What does the report say?
In this report of Union Bank, it has been said that the increased prices of crude oil are directly promoting inflation. India imports oil for its own needs, hence the rise in the international market affects the prices of petrol, diesel and other essential commodities in the domestic market. This also increases the inflation rate. In such a situation, it will not be easy for the Reserve Bank of India to control interest rates. To keep inflation under control, RBI can increase the repo rate or postpone the rate cut. Which will have a direct impact on the EMI of the people taking the loan.

Middle class will be affected
The increase in EMI of home loan, car loan and personal loan will affect middle class families. Their monthly budget will be shaken. Especially those people whose lump sum amount comes at the end of the month i.e. people living on salary. It may be a little difficult for them to manage expenses. If crude oil remains above $90 per barrel for a long time, its impact will be visible on the economy as well.

Overall, due to the prices of crude oil, inflation is already being seen. In March 2026, there was a jump of 3.88 percent in inflation. In the previous month this rate was 2.13 percent. Whereas in the same month last year, inflation had increased by 2.25 percent. This means that the rise in crude oil prices is not limited to fuel only, but it is having a deep impact on inflation, interest rates and the pockets of the common man.

We have become so dependent on UPI and digital payments that we have stopped carrying cash. Now there is no need of card or cash to go anywhere. Just pick up your phone and go wherever you want, because now India has become not just India but Digital India. From big showrooms to small hand carts and rickshaw pullers are able to take payments through UPI. But does this question arise in your mind that your civil score is getting spoiled due to UPI payments? If yes, then let us give you the answer to this question.

Do UPI payments make a difference to CIBIL score?
Whenever you apply for a loan, especially a personal loan or an unsecured loan, lenders do not just look at your credit score. In fact, they also take a deeper look at your bank statements to see how you manage your money. Your digital payments are also visible here. In such a situation, it does not directly affect your CIBIL score.

Zero balance can cause problems
When lenders look deeply at your account, they always see one of your cycles. In which salary comes to your account on a particular date, after that you pay the bills and make payments. Then these lenders see whether zero balance is frequently maintained in your account, or whether your money is spent as soon as it arrives. All these things attract some attention of the lenders. Although this data does not affect your score, lenders may change their decision after seeing it.

What does credit score mean?
UPI has no direct impact on CIBIL or credit score. No matter how many UPI payments you make, it will neither reduce nor increase your credit score. Yes but your transaction history tells a lot about you. This helps the lender to estimate whether you will be able to repay the loan or not and it also affects your interest rate.

Tata nexon on down payment and emi: Those cars are very much liked in the Indian market. Which keeps good mileage and modern features at a low price. One such car is also Tata Nexon, which is one of the best selling vehicles of the company. This SUV, which comes in the list of popular and safe SUVs, is available at an ex-showroom price of Rs 8 lakh.

If you want to buy this car, but due to the low budget, you are not able to fulfill your wish, then here we are going to tell you about the finance plan of the car. With this, you will have to pay some amount in EMI rupees every month by not making full payment once. To buy this car on EMI, you have to know the entire finance plan.

Tata Nexon’s on-road price?

According to the Cardekho website, Tata Nexon’s smart (petrol) variant has an on-road of Rs 9.04 lakh in Delhi. If you make a down payment of 50 thousand rupees to this variant of Tata Nexon, then you will have to take a car loan of 8.54 lakh rupees. In this way, you will have to pay 21 thousand 580 rupees every month as EMI at 9.8 percent interest rate. Your loan period will be for 4 years. After this entire account, this car will be Rs 10 lakh 35 thousand.

Tata Nexon’s Paurtrain

In Tata Nexon, the company has provided a 1.2 liter turbo petrol engine. This engine produces a peak torque of 170 Nm with a 120 bhp max power. At the same time, the car with a 1.5 -liter diesel engine variant generates 260 Nm of torque with a maximum power of 110 bhp.

These best features are available in Tata Nexon

The company has given many great features in Tata Nexon. It has a 10.25 -inch digital touchscreen infotainment system available a 10.25 -inch digital driver display. Apart from this, the car has provided excellent features like height adjustable seats, wireless charging, fost USB charger, automatic climate control with alloy wheels. Due to these features, people like this car a lot.

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Tata nexon on down payment and emi: In the Indian market, those cars are more liked that keeps good mileage and modern features at a low price. One such car is also Tata Nexon, which is one of the best selling vehicles of the company. This SUV, which comes in the list of popular and safe SUVs, is available at an ex-showroom price of Rs 8 lakh.

If you want to buy this car, but due to the low budget, you are not able to fulfill your wish, then here we are going to tell you about the finance plan of the car. With this, you will have to pay some amount in EMI rupees every month by not making full payment once. To buy this car on EMI, you have to know the entire finance plan.

What is Tata Nexon’s on-road price?

According to the Cardekho website, Tata Nexon’s smart (petrol) variant has an on-road on-road in Delhi at Rs 8.99 lakh. If you make a down payment of 50 thousand rupees to this variant of Tata Nexon, then you will have to take a car loan of 8.49 lakh rupees. In this way, you will have to pay 21 thousand 459 rupees every month as EMI at 9.8 percent interest rate. Your loan period will be for 4 years. After this entire account, this car will be Rs 10 lakh 30 thousand.

Tata Nexon’s Paurtrain

In Tata Nexon, the company has provided a 1.2 liter turbo petrol engine. This engine produces a peak torque of 170 Nm with a 120 bhp max power. At the same time, the variant with a 1.5 liter diesel engine of the car generates 260 Nm of torque with a maximum power of 110 bhp.

These best features are available in Tata Nexon

The company has given many great features in Tata Nexon. It has a 10.25 -inch digital touchscreen infotainment system available a 10.25 -inch digital driver display. Apart from this, the car has provided excellent features like height adjustable seats, wireless charging, fost USB charger, automatic climate control with alloy wheels. Due to these features, people like this car a lot.

https://www.youtube.com/watch?v=kud7tvrcrto

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