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What is the concept of EMI in Hindi?

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Karun Agarwal
What is the concept of EMI in Hindi?

The full form of EMI in Hindi is "Equated Monthly Installment". Which is called "monthly installment" in Hindi. Think of it as if you want to buy a new mobile of ten thousand. But if you do not have that much money then you can take it on EMI.

That is, by not giving ten thousand rupees at a time. Give a fixed amount every month that too within a time period. However, you cannot take all the products on EMI. But you can take that product on EMI. For which the company provides an EMI in Hindi facility.

Apart from this, if you have taken a loan from the bank or want to buy a car or bike. So you get the facility like EMI there. Because their amount is so much that it is not easy to return it at once.

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Karun Agarwal
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