How can I repay a personal loan

May 5th, 2010 by rupeetalk.com

- Personal loans are generally repaid by means of EMIs, i.e., equated monthly instalments.
- Also, many lenders permit you to repay it by way of direct debit every month. The amount is automatically deducted from your bank account upon giving authorisation to the bank.
- One more way is to issue post-dated cheques for the entire duration of the loan. These cheques have to be made in the name of the lender.
Published on May 5, 2010 · Filed under: Personal Loan FAQs; Tagged as: personal loan, personal loan repayment
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