Benefits of Paying EMI Regularly and How You Can Do It - PowerPoint PPT Presentation

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Benefits of Paying EMI Regularly and How You Can Do It

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Paying EMIs on time not only has multiple benefits, but it is also easy if you keep a few things in mind. Find out all about it. – PowerPoint PPT presentation

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Slides: 10
Provided by: herofincorp
Tags: emi | loan

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Title: Benefits of Paying EMI Regularly and How You Can Do It


1
  • Benefits of Paying EMI Regularly and How You Can
    Do It?

2
  • Benefits of On-Time EMI Payments
  • Improves creditworthiness
  • Helps you avoid penalty
  • You can take a top-up loan on your existing loan
  • Improves your relationship with the lender
  • Lender may offer attractive loan terms

3
  • How to Make EMI Payments on Time?

4
  • Plan Your Finances
  • Reduce unnecessary expenditures
  • Avoid using a credit card (it comes with a high
    interest rate)

5
  • Increase EMI Payments When Your Income Goes Up

6
  • Make the Most of Your Investment
  • Borrow against your PPF or insurance policy
  • Pay off your EMIs by liquidating your FDs or MFs

7
  • Consolidate Debt
  • Pay off high-interest debts with a low-interest
    loan

8
  • Summary
  • Follow the above methods to easily pay your EMIs.
    If the estimated EMI exceeds 50 of your monthly
    income, avoid getting a loan.

9
Thank You !Would Love to Hear From You
  • Hero FinCorp Limited
  • 09, Basant Lok, Vasant Vihar, New Delhi - 110057
  • Tel. 18001024145
  • Email Id customer.care_at_herofincorp.com
  • Website https//www.herofincorp.com/
  • Know more- Benefits of Paying EMI Regularly and
    How You Can Do It
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