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5 money management tips for home loan borrowers

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Here's a quick 5-point guide for home loan borrowers that should be kept in mind. 1) Loans and their EMIs must be repaid smartly to avoid extra charges and amounts more than your actual borrowings to prevent losses. 2) Pay back the consolidated loan amount with interest rates in a staggered way and in small chunks. 3) Formulate strategic monthly plan emphasising on increasing EMIs against the loans.

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