Personal loan, EMI, interest cost
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Borrowers loan tenure depend on financial obligations and cash flow. While most applicants usually focus on the loan amount, interest rate and EMI, they often ignore loan tenure that regulates the total loan cost.
Most lenders offer personal loan tenures of up to 5 years with some extending up to 8 years based on internal policies and associated risks. Understanding the impact of tenure on overall borrowing cost can help borrowers opt for loan within budget.
Published – April 06, 2026 06:21 am IST
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