Personal Loan: How Much EMI Will You Pay on a ₹9 Lakh Loan for 5 Years
What is EMI in a Personal Loan? EMI (Equated Monthly Installment) is the fixed amount you pay every month towards repaying your personal loan. It includes both the principal amount and the interest charged by the lender. A longer tenure usually means smaller EMIs but higher total interest paid, while a shorter tenure increases EMI … Read more