Category Archives: EMI Calculator

FAQs on EMI calculator

An EMI calculator is easy to use utility tool that can be used by borrowers to calculate their emi. Apart from providing usual information like loan emi, tenure, rate of interest etc, emi calculator will also provide information for a … Continue reading

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How to use EMI calculator

EMI stands for equated monthly installment and it is the amount that you have to pay in return of loan that you have received from the bank or financial institution. It is one of the most important decision criteria used … Continue reading

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Benefits of EMI calculator

EMI stands for equated monthly installment that you have to pay in return of loan sanctioned by banks and financial institutions. One can easily calculate his or her emi with the help of an online emi calculator. Let us look … Continue reading

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Types of EMI calculator

  EMI stands for equated monthly installment and it is the amount that you have to pay in return to pay your loan amount to the banks or financial institutions. It is one of the important decision criteria for a … Continue reading

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Information an EMI calculator provides

An EMI calculator is one of the best tools in the hand of a borrower. With the help of an emi calculator you can easily calculate your monthly emi that you have to pay each month to fully repay your … Continue reading

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Is EMI always a good option?

  We live in a world where every consumable item present on earth can be avail through emi. EMI stands for equated monthly installment that a purchaser or a borrower has to pay in equal interval of time (usually each … Continue reading

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Pre emi or full emi?

  EMI stands for equated monthly instalment and have to be paid by a borrower to repay his loan that he has borrowed from a bank or a financial institution. You can repay your loan amount by following two methods … Continue reading

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Circumstances that can impact your EMI

EMI stands for equated monthly installments, while signing your loan agreement form you would be getting a detailed repayment schedule from the bank that would reflect your monthly payments towards the bank. However, your emi would change with period of … Continue reading

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How to reduce interest burden on your home loan

Home loan emi is one of the largest burdens on a borrower of a home loan. After paying your home loan emi, you are not left with any surplus funds to invest in other investment options. Power of compounding works … Continue reading

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Factors that affects your loan against property tenure

Apart from rate of interest and monthly installments (EMI), tenure of a loan is the most important factor considered by a borrower before opting for a loan against property from a bank or financial institution. Most of the banks consider … Continue reading

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