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EMI Full Form Name: EMI Meaning

EMI Full Form Name: EMI Meaning

Equated Monthly Installment EMI Full Form is Equated Monthly Installment. EMI is an amount repaid by the borrower to the lender along with the agreed interest. EMI applies to various loans like home loans, gold loans, car loans, personal loans, and more. The general calculation of EMI is derived by adding the principal amount and interest and dividing it by …

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