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Tag Archives: EMI

  • Why EMI?

    Buying or renovating a home can be a fun and exciting process. At the same time it can be mentally and financially draining. At ModSpace.in, we empathize with you and understand the demanding job of building a home. Therefore, while purchasing your kitchen, we are happy to offer an EMI option for making your payment. EMI or Equated Monthly Installments is a fixed payment amount paid by a borrower to a lender at a specified date each calendar month.

    EMI is a great method for managing your finances. In the homebuilding process, you won't need to pay for your kitchen at one go. You would pay an initial amount then pay the remainder in monthly installments. With an EMI, you would know the exact amount  needed to pay each month.

    Through  choosing an EMI, you are able to stretch your budget. While building your house, there is one room you won't have to worry about: your kitchen. With an EMI you'll be paying smaller amounts for a longer period of time. Therefore, you have a longer time to decide on the smallest details of your kitchen. You have more opportunities to see numerous options for finishes and  you have more time to add state-of-the-art accessories to your kitchen.

    With a more flexible budget through EMI, you can also add to the other rooms in your home, such as purchasing lose furniture and wall hangings to decorate!

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