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excel formula recurring deposit interest calculator


Banks
Canara Bank

Canara Bank

Interest Rate for
Loan Against Property : 14.25 - 16.25%...
Home Loan : 9.25...
Punjab National Bank

Punjab National Bank

Interest Rate for
Car Loan : 11.5%-12%...
Loan Faqs
Faq

What is an EMI? :

EMI stands for Equated Monthly Installments. This installment comprises both principal and interest components. Please use the EMI Calculator to find out the EMI you need to repay.
Faq

is the interest charged/calculated? :

Based on the bank the Interest is calculated on a monthly reducing balance or an annual reducing balance basis.
Loan Blogs
Blog

The basics of business loan

Business loans are provided by various banks to business people for their short or long term financial needs. A lot of times it is important for businessmen to acquire a certain amount of money for running their enterprise. It is well known that without the required capital no business can run....
Blog

Why loan against property is a good option

If you need money for any specific need like marriage, business expansion, foreign education then a good way to raise money is to get a loan against your property. The only condition for that is that you need to own a valuable asset in the form of a self-occupied house or a commercial property....
Insurance Faqs
Faq

Who will receive the claim amount if the insured dies at the time of treatment? :

The claim amount is paid to the nominee of the insured. If no nominee has been assigned under the policy, the insurance company will insist upon a succession certificate from a court of law for disbursing the claim amount.Alternatively, the insurers can deposit the claim amount in the court for...
Insurance Blogs
Blog

Deciding about the amount of life insurance

People go for various life insurance policies due to their many benefits. The amount of life insurance depends on many factors. Ideally the sum assured should provide for all the needs of your family like children's education and marriage while meeting the daily basic expenses when the insured...


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