All You Need To Know About Your 'emi

1

• EMI - Everything You Need To Know

2

• What is EMI?
• It is a fixed amount that you pay throughout the
  loan term.
• It includes both the principal and the interest
  amounts.

3

• Understand how EMI works
• The larger the loan amount, the higher the EMI.
• You can only pay one EMI per month.
• You can either calculate it manually or through
  an online calculator.

4

• Reasons to choose the EMI option

5

• Buying expensive products
• By paying small amounts every month, you can
  easily purchase expensive items.

6

• Expense Management
• As you know your monthly obligations beforehand,
  you can easily manage your budget.
• EMI does not put a strain on your wallet.

7

• Flexibility
• You can choose the EMI and the loan term on your
  own.

8

• How to effectively manage your EMI?
• Know your EMI beforehand.
• Manage your cash flow by minimizing expenses.
• Maintain healthy credit history by avoiding EMI
  skips.
• Explore the options available with different
  lenders.
• Pay additional EMI or use the lump sum for
  prepayment.

9

• Now that you understand EMI better, follow the
  above tips to effectively manage it.

10
Thank You !Would Love to Hear From You

• Hero FinCorp Limited
• 09, Basant Lok, Vasant Vihar, New Delhi - 110057
• Tel. [phone]
• Email Id Corporate.Care_at_HeroFinCorp.com
• Website https//www.herofincorp.com/
• Know more All You Need To Know About Your EMI