Tax & ComplianceLiveMint — Money

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

11 Sept 2026 · 6d ago

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

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