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Pre-EMI or full EMI – which is the best option while borrowing for a house under construction?

While getting a home loan for a property under construction, you are given an option to choose between paying pre-EMI or full EMI. The pre-EMI option allows you to only pay monthly interest on the actual disbursed loan amount, with no principal repayment. The full repayment begins only when you take possession of the property. On the other hand, the…

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