Topic: Where should I invest my personal loan amount so that I get more than my EMI?

I had taken personal loan of 2lac @ 11percent and EMI is 6,034 Rs per month . Now guide where should I invest so that I get more than my EMI?

Hasan, there is no way of being certain that you can make an investment where you will earn more than your EMI. Your loan is at a high cost of borrowing at 11%. In order to earn more than your EMI, you will need a return that on an annualized basis is at least more than 11% after taxes.

This is a dangerous game you are playing by borrowing at a very high cost and using this leverage hoping that you can perform better in the stock market.

I would advise you to prepay the personal loan if you have the cash readily available. Every investment that you would make would carry a certain amount of risk and you might benefit or lose because of that but your EMI needs to be paid irrespective of that.

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