Loans of all kinds, including personal, housing, auto, and consumer durable loans for air conditioners, cellphones, etc., are frequently taken out with equal monthly installments (EMIs).
Buying a smartphone on EMI worth it?
It is essential to comprehend interest rates, additional fees, and the phone's entire cost when paid for in installments. Understanding the terms and circumstances is crucial. You may avoid financial mistakes and make better informed decisions by considering these factors.