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2026 Loan Rules: No Charges, Faster Scores, Epic Changes!

2026 Loan Rules: No Charges, Faster Scores, Epic Changes!

Ladies and gentlemen, the financial arena is about to explode! Starting January 2026, say goodbye to foreclosure charges and hello to zero penalties! Prepay your loans like a champion! And wait, there's more! Credit scores will update weekly, making your financial game more electrifying than ever! Plus, up to four nominees for your accounts? Game changer! This is the dawn of a new era in borrowing!

Quick rundown

  1. RBI's new rules reshape lending in India.
  2. No more penalties for early loan repayment.
  3. Credit scores will update weekly from July 2026.
  4. Up to four nominees allowed for bank accounts.
  5. Gold loan tenure extended to 270 days for jewellers.

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