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EMI stands for Equated Monthly Installment. If you take a loan from a bank you will have to pay the money monthly. It is the amount that you have to pay to the financial institution or bank by the amount you have taken from a bank or other financial institution fully paid off. The amount that is calculated or EMI calculation machine, that is called an EMI calculator.

EMI stands for Equated Monthly Installment. If you take a loan from a bank you will have to pay the money monthly. It is the amount that you have to pay to the financial institution or bank by the amount you have taken from a bank or other financial institution fully paid off. The amount that is calculated or EMI calculation machine, that is called an EMI calculator.

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