Loans are repaid through EMI or Equated Monthly Installment which is a set amount determined by the principal amount that is borrowed, the interest rate charged, as well as the repayment tenure chosen. The amount can be fixed or variable and will have to be paid by the borrower to the lender each month.
We understand that calculating the EMI amount might be confusing which is why the Money View Eet Bhata Loan EMI calculator is designed to be extremely simple.
