A debenture is a loan or debt using which a company or the government raises funds. This capital is then used to purchase assets, build roads and more, based on the entity issuing debentures. Usually, debentures are unsecured, but you may also come across secured debentures.
A common example of government-issued debentures is treasury bills and bonds. Issuing debentures helps a company to get access to finance without diluting its equity.
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Fibe's personal loan EMI calculator is your reliable tool to determine your loan EMI in just a few minutes and some simple steps. Fibe offers personal loan of up to Rs 5 lakhs with minimal documentation and quick processing. Coupled with interest rates as low as Rs 9/day, this is by far your most compelling credit option in the market. Calculate your monthly repayments based on your sanctioned loan amount and interest rates using this handy EMI calculator that's operate and easy to understand. With Fibe, you can even prepay your loan amount with no additional charges.
Your EMI Amount is
₹
13,107
Loan Amount
₹145,000
Min
Max
₹8,000
₹10,00,000
Interest rate
14%
12
30
Select EMI option
12 Months
3
36
Months
Months