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The tenure or repayment term for a Personal Loan is the time allotted to a customer to return the loan amount. The tenure allotted for a Personal Loan is from a minimum of 12 months to a maximum of 72 months, whereas an applicant can repay a mortgage or home loan for up to 30 years. Before taking a loan, consider an appropriate tenure per the key points above our EMI Calculator will help you choose a suitable tenure.
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