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how emi formula


Banks
IDBI Bank

IDBI Bank

Loan Against Property : We realise how important it is to raise money in the face of exigencies. We help you through these difficult situations through our customer...
Personal Loan : You don't have to wait till you save enough money to fulfill a dream that's just a step away with a Personal Loan from IDBI...
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

If the value of the underlying property falls does it affect the EMI amount or the tenure of the loan? :

No. fluctuating value of the property does not affect the EMI or home loan liability.
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

How to go for car loan

Car has become a necessity in today's life. Most of people who wish to own a car normally buy a car on a car loan. A car loan is offered by banks and other financial institutions. Due to the growth in the car market lots of car companies are offering economical cars to the Indian consumers and...
Insurance Faqs
Faq

Is there a limit as to how long I can stay in hospital? :

There is a limit to the amount that the insurer will pay as hospital charges but is no limit as to how long a person can stay in hospital. The hospital charges or room charges are usually a proportion of sum insured.
Faq

How to prevent rejection of claims? :

• Carefully read the list of exclusions in policy wordings (which comes to you with the policy).• Make sure that you have declared all the pre-existing diseases at the time of enrolment.• Do not claim for any hospitalization and diagnostic studies/ investigation charges...


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