Let's say I can take a loan of ₹ 3 lakhs @ 6.85% p.a. on 01-01-2022 with 36 EMIs starting from 01-02-2022 to be deducted from my salary
I wish to invest those ₹ 3 lakhs lumpsum in fixed deposit @ 6.3% p.a. (compounded quarterly) for a period of 36 months.
Can someone provide guidance (with calculations, if possible) whether I will be making a gain or loss out of the above transactions?