Poco M3 Pro 5G 4/64 GB

 23,999.00 24,000.00 (-0%)

In stock

EMI Calculation in NPR ( Amount Not Include after (Decimal)
Varients Price 6 Month EMI 12 Month EMI 18 Month EMI
4-64 GB 23999 4000 2000 1333

 

Download Quotation For Poco M3 Pro 5G 4-64 GB

Loan Application Form – Siddhartha Bank, Mega Bank, Global IME Bank, NMB Bank NSI

Check Complete EMI Process before applying at Bank
Sold items
1/10 sold
Compare
  Ask a Question

About EMI

An equated monthly installment (EMI) is a fixed payment amount made by a borrower to a lender at a specified date each calendar month. EMI Process is applicable only for Credit cardholders. Equated monthly installments are applied to both interest and principal each month so that over a specified number of years, the loan is paid off in full. MI 11 8/246 GB Specification (Please Scroll Down)

KEY TAKEAWAYS

  • An equated monthly installment (EMI) is a fixed payment made by a borrower to a lender on a specified date of each month.
  • EMIs are applied to both interest and principal each month so that over a specified time period, the loan is paid off in full.
  • EMIs can be calculated in two ways: the flat-rate method or the reducing-balance method.
  • The EMI reducing-balance method generally is more favorable for borrowers, as it results in lower interest payments overall.
  • EMIs allow borrowers the peace of mind of knowing exactly how much money they will need to pay each month toward their loan.
  • MI 11 8/246 GB Specification (Please Scroll Down)

How an Equated Monthly Installment (EMI) Works

EMIs differ from variable payment plans, in which the borrower can pay higher amounts at his or her discretion. In EMI plans borrowers are usually only allowed one fixed payment amount each month. The benefit of an EMI for borrowers is that they know precisely how much money they will need to pay toward their loan each month, which can make personal budgeting easier. The benefit to lenders (or investors the loan is sold to) is that they can count on a steady, predictable income stream from the loan interest.

What will be the Monthly installment and how to calculate it?

 Monthly EMI is calculated as per the approved finance amount –

For example, if the approved amount is Rs 30,000/-

Monthly EMI = Total approved amount / duration (in Month

For 6 Month -> Rs 30,000/- / 6 Month = Rs 5000/- per Month

For 12 Month -> Rs 30,000/- / 12 Month = Rs 2500/- per Month

For 18 Month -> Rs 30,000/- / 18 Month = Rs 1666.66/- per Month

Is EMI Good or Bad?

 EMI is neither inherently good nor bad—unless you consider borrowing and accruing debt bad, and paying for things in full the only “good” option.

In terms of borrowing options, EMI does have its good points, though. Because it divides the debt into the same fixed payments each month, it helps borrowers budget their finances and keep in mind their outstanding obligations. They know how much they have to pay, and how long it will take them to settle their debt in full.

For More information please visit:

https://eminepal.com/

https://www.atozonlinebazar.com/

Check Complete EMI Process before applying at Bank  

Poco M3 Pro 5G 4/64 GB Specification

  • Body: 161.81 x 75.34 x 8.92mm, 190 grams
  • Display: 6.5-inches IPS LCD panel, 90Hz refresh rate with DynamicSwitch, 400 nits, Gorilla Glass 3
  • Resolution: FHD+ (2400 x 1080 pixels), 20:9 aspect ratio
  • Chipset: MediaTek Dimensity 700 5G (7nm)
  • Memory: 4/6GB LPDDR4X  RAM, 64/128GB UFS 2.2 storage (expandable)
  • Software & UI: MIUI 12 for Poco on top of Android 11
  • Rear Camera: Triple (48MP primary, 2MP depth, 2MP macro)
  • Front Camera: 8MP f/2.0 sensor (punch-hole)
  • Security: Physical fingerprint sensor (side-mounted)
  • Connectivity: Wi-Fi 802.11 a/b/g/n/ac (dual-band), Bluetooth 5.1, USB Type-C, NFC (select region), IR Blaster
  • Battery: 5000mAh with 18W fast charging (22.5W charger in-box)
  • Colors: Power Black, Poco Yellow, Cool Blue
Submit your review

Your email address will not be published. Required fields are marked *

Reviews

There are no reviews yet.

General Inquiries

There are no inquiries yet.