Securing Hannav Ledger...
Securing Hannav Ledger...
Glossary
Tenure is the total duration over which a loan is repaid or an investment instrument remains active before maturity.
Tenure is how long your loan lasts — 5-year car loan or 20-year home loan — or how long an FD runs.
Longer loan tenure lowers EMI but increases total interest. Investment tenure affects risk capacity — equity suits long tenure; short tenure needs capital preservation. PPF 15-year tenure extendable; home loans up to 30 years common in India.
Same ₹25 lakh home loan at 8%: 15-year tenure EMI ₹42,000 (total interest ₹50 lakh); 25-year EMI ₹35,000 (total interest ₹80 lakh) — longer tenure costs ₹30 lakh more interest.
Choose shortest tenure with comfortable EMI — often 15–20 years. Avoid maximum 30 years unless necessary for cash flow.
Yes via prepayment, rate reset on floating loans, or formal restructuring with lender approval.
Yes. Holding period determines STCG vs LTCG classification for many assets including equity and property.