If your personal loan is on a floating rate, the EMI may change depending on the change in the benchmark interest rate. It is made clear in the agreement as to when this change will be implemented, half yearly, semi-annually or annually.

If your personal loan is on a floating rate, the EMI may change depending on the change in the benchmark interest rate. It is made clear in the agreement as to when this change will be implemented, half yearly, semi-annually or annually.