Factors that Affect Fullerton India Used Bike loan
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Principal- The principal is the Fullerton India Used Bike loan amount that you avail from the lender or bank or NBFC. It is directly proportional to all your EMIs - lower principal of Fullerton India Used Bike loan will lower your monthly EMI instalments and vice versa applies.
Rate of interest- The rate of interest is the rate at which the lender or bank offers you the Fullerton India Used Bike loan. It is also directly proportional to the purchase value of your Fullerton India Used Bike loan EMIs.
Tenure- The tenure is the time within which you should repay your Fullerton India Used Bike loan. The tenure is inversely proportional to all your loan EMIs - longer tenure makes the monthly instalments low.
Things to consider that affect the Fullerton India Used Bike loan: