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Siddharth Singh

Class 10th
Sst
2 years ago

What is EMI full form?

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SUNDARAM SINGH

2 years ago

An equated monthly instalment (EMI) is a set monthly payment provided by a borrower to a creditor on a set day, each month. EMIs apply to both interest and principal each month, and the loan is paid off in full over some years.

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