Personal Loan: How Much EMI Will You Pay on a ₹11 Lakh Loan for 5 Years
What is EMI in a Personal Loan? EMI (Equated Monthly Installment) is the fixed amount you pay every month until the loan is fully repaid. It includes two parts: By spreading the repayment across 60 months (5 years), EMIs make repayment easier without putting excessive burden on your monthly income. How EMI is Calculated for … Read more