What is an EMI?
An Equated Monthly Installment (EMI) is a fixed payment made by a borrower to a lender on a specified date each month. It is a common financial term used in loan repayments, allowing borrowers to pay off any type of loan in…
Advantages and Disadvantages of EMI
An EMI Equated Monthly Installment is a financial term used in loan repayments. It’s a quick and easy method to pay off any type of loan. When a borrower takes a loan from a bank or NBFC, the repayment of…
7 Tips to Prepay Your Loan
Everyone who has taken a loan wishes to be debt free sooner than later. Having a certain amount of debt can make you restless and half of your life is driven by this tension. But there are some simple ways…
Business Associate with Ruloans
Arthur Ashe once said, “Success is a journey, not a destination.”Believing in his words, we at Ruloans have come up with a mean to help you embark on a journey called success. We are introducing a brand new project where…
Your Guide for IFSC Code
The banking and finance industry has witnessed tremendous change since the introduction of technology and internet. Now with a phone in every hand and a laptop on every desk, one can easily do various types of financial transactions online. With…
