EMI, or Equated Monthly Installment, is a structured payment method often used for loans, where borrowers pay a fixed sum every month, combining both principal amount and interest until the debt is fully repaid
Personal Loan is one of the most dominating and influential loan among all kind of loans as it requires majorly for some important, urgent, and unexpected events. Though, the sanctioning of personal loan depends on various factors that needs to be accommodate with the criteria set by the bank.