Financial Planning

The True Cost of Instant EMIs and EMI Conversion

When it comes to paying for large purchases, EMI (Equated Monthly Installments) and EMI conversion are becoming increasingly popular options. While these payment methods can seem like convenient solutions for high-ticket items, there are hidden costs associated with them that can quickly add up. In this blog post, we’ll explore the true cost of Instant …

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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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