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30 Nov
  • Editorial Team

Taking loans is the easy way out when there is a sudden requirement of more capital than one has as savings. The need could be due to unexpected expenses or because of some investment plans. EMIs make life easier as it divides the loan into affordable parts to be paid over a period of time.

However, thanks to the rate of interest levied on the principal amount, the borrower can end up paying much more in repayment. But there are few simple steps, which if followed, can lower your EMIs considerably and thus, lessen your financial strain. From negotiating with the lender to paying bigger down payment, here are a few doable ways by which one can reduce the EMIs and repay the loan earlier than planned.

Did You Know


The act of paying out money for any kind of transaction is known as disbursement. From a lending perspective this usual implies the transfer of the loan amount to the borrower. It may cover paying to operate a business, dividend payments, cash outflow etc. So if disbursements are more than revenues, then cash flow of an entity is negative, and may indicate possible insolvency.

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