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factors influencing equated monthly installment emi


Banks
Axis bank

Axis bank

Business Loan : Axis Bank's Mpower-TL provides a hassle free way of meeting your business needs of expansion and other long term funding requirements against the...
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

How do I repay my loan? :

You can repay the loan in Equated Monthly Installments (EMI's) through post dated cheques (PDC)or by signing an ECS(Electronic clearing system ) with the account that you hold .Mostly these cheques/ECS are presented on 1st of each month ,so please do confirm with the bank on that respect. If you...
Loan Blogs
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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....
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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....
Insurance Faqs
Faq

How can I pay for my travel policy in installments? :

If you purchase your policy online using a credit card, the monthly installments get automatically charged on your credit card and is reflected in your monthly statement.
Faq

What is a premium? :

Premium is the amount of money you pay monthly, quarterly or annually for continuing the insurance policy. The amount of the premium is decided at the time of the purchase of the policy.
Insurance Blogs
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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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Basics of life insurance

Life insurance provides a family with financial support in the case of death of the breadwinner of the family. According to a life insurance policy, a fixed amount of money is paid to the insured or the beneficiary at the end of its term or upon the death of the insured. Life insurance also...


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