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Wednesday, 4 November 2026
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₹20,000 extra every month: Why paying off your personal loan first may win over an SIP

 ₹20,000 extra every month: Why paying off your personal loan first may win over an SIP
Image: Mint (India)

With a ₹20,000 monthly raise, borrowers must choose between repaying a personal loan or investing in mutual funds. Clearing a high-interest loan first can save more in interest and result in a larger investment corpus compared to investing the entire amount monthly.

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