![The origin and evolution of installment credit: The EMI story](/content/images/size/w720/2022/10/Blogpost_The-origin-and-evolution-of-installment-credit--The-EMI-story.png)
The origin and evolution of installment credit: The EMI story
If you thought the core concept behind the Equated Monthly installments (EMI) has roots in modern times, you are in for a story today. The practice of installment credit isn’t new. And by ‘isn’t new’ we mean that it is as old as civilization itself. There are certain