EMI ka matlab kya hai?

Modified on Tue, 14 Nov 2023 at 05:00 PM

EMI refers to the �Equated Monthly Installment� which is the amount you will pay to us on a specific date each month till the loan is repaid in full. The EMI comprises the principal and interest components which are structured in a way that in the initial years of your loan, the interest component is much larger than the principal component, while towards the latter half of the loan, the principal component is much larger.

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