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Originally Posted by Technocrat  I have seen 1 month advance as standard & thats what I did too. How does it increase ROI ?? |
ROI : Return on investment, i dint understand what this is got to do with what we are discussing? procuring finance is not an investment, its an expense
you pay 1 or 2 month EMI in advance, meaning the whole EMI comes under the interest parlance as during the initial period the interest to principal is almost 80%-20%