Repayment of the Loan and Interest. a. The Loan is repaid by way of Equated Monthly Instalments (EMI), which comprises of both principal and interest component, on the due date mentioned in the Disbursement Letter. The EMIs shall be calculated on the amount actually disbursed which shall be subject to the revision at the discretion of the Lender. Exact EMIs will be calculated at the time of final disbursement.
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Samples: Centrum Housing Finance, Centrum Housing Finance, Centrum Housing Finance