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Brief definition of EMI ??❓❓ |
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Answer» Ok thik galt hai bol do sidha sidha . ? Thank you☺️☺️....but i need brief answer its too big? Ishika* Waise tumko nahi bole ishq . EMI or equated monthly installment, as the name suggests, is one part of the equally divided monthly outgoes to clear off an outstanding loan within a stipulated time frame.The EMI is dependent on multiple factors, such as:1) Principal borrowed2) Rate of interest3) Tenure of the loan4) Monthly/annual resting period |
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