Personal Loan: How Much EMI Will You Pay on a ₹30 Lakh Loan for 5 Years
What is EMI in Personal Loans? EMI (Equated Monthly Installment) is the fixed amount you repay every month to your lender. It includes two components: The formula for EMI is based on the loan amount, interest rate, and tenure. For a ₹30 lakh loan for 5 years, the EMI will vary depending on the interest … Read more