Question 1

How is personal-loan EMI calculated?

Accepted Answer

EMI on the principal you type, with daily reducing, monthly / 12, or flat rate. You can add processing fee, GST, and foreclosure on the outstanding.

Question 2

Can I see the cost of closing early?

Accepted Answer

Yes. Set foreclosure charges, then use Switch or the close-after control to see the net outlay.

Question 3

Is this a lender quote?

Accepted Answer

No. Personal-loan rates and fees vary by bureau score. Confirm with the NBFC or bank.