What is an advance EMI plan

I am planning to take a car loan and I have been pitched both regular EMI and advance EMIs. While I am clear about EMIs and their calculations, the whole idea of advance EMIs are still unclear to me.

What exactly is an Advance EMI plan? How does it work? When & why should one opt for it. Thanks.

  • Nidhi

    Even I am keen to understand what an Advance EMI plan is. Request someone to please share answers