Understanding EMI in Arrears vs EMI in Advance

Uncover the Differences: Understanding EMI in Arrears vs EMI in Advance

When you take a loan for purchasing a home or a vehicle, paying it back in instalments becomes a crucial aspect of your financial planning. Equated Monthly Instalments (EMI) are a fixed amount of money that you pay to the lender each month to repay the loan amount, along with interest charged. There are two […]

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