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Taking a home loan? Here's when you should consider pre-EMI option

Updated : October 10, 2020 12:20 PM IST

Equated Monthly Instalment or EMI is a repayment option on a home loan in which both interest and principal amount are paid to the lender through a fixed monthly payment.
These days, lenders also offer another method for the repayment of the home loan, which is known as the pre-EMI plan.
Taking a home loan? Here's when you should consider pre-EMI option

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