What is the monthly Repayment Date?
EMI plan has the option to choose a date between 1st to 20th of the month on which instalment payment will be scheduled and automatically deducted from the lending wallet.
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If you do the early payment of EMI, it will only get paid to the loan on the date of the monthly repayment date. Benefit: You can close the loan by paying all the pending fees, penalties (if any), pending EMIs in case of EMI plan or pending principal ...
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