Factors that Affect India Bulls Education Loan
- Principal- The principal is the India Bulls Education Loan amount that you avail from the lender or banker. It is directly proportional to your all EMIs - lower principal will lower your monthly instalments for India Bulls Education Loan and vice versa.
- Rate of interest- The rate of interest for India Bulls Education Loan is the rate at which the lender offers you the India Bulls Education Loan. It is also directly proportional to the value of your India Bulls Education Loan EMIs.
- Tenure- The tenure is the time within which you repay your India Bulls Education Loan. The tenure is inversely proportional to your all other loan EMIs - longer tenure makes the monthly EMI instalments cheaper and vice versa.