An EMI or Employer Financed Loan is a mortgage loan that is secured by property or any other asset. In this financial market, a bank will either give you a fixed interest rate plus a certain margin depending upon the value of the assets that you own. A bank can also lend you money by subjecting your assets to collateral.
An EMI or Employer Financed Loan is a mortgage loan that is secured by property or any other asset. In this financial market, a bank will either give you a fixed interest rate plus a certain margin depending upon the value of the assets that you own. A bank can also lend you money by subjecting your assets to collateral.