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how split interest principal amount emi


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Bank of Baroda

Bank of Baroda

Interest Rate for
Home Loan : 9.25...
IDBI Bank

IDBI Bank

Interest Rate for
Personal Loan : 16.4 - 19.4...
Business Loan : 13.0...
Loan Faqs
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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.
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What is an amortization schedule? :

 An amortization schedule is a table giving the reduction of your loan amount by monthly installments. The amortization schedule gives the breakup of every EMI towards repayment interest and outstanding principal of your loan.
Loan Blogs
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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....
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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
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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.
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How do I decide on an appropriate cover amount? :

• Age is a critical factor for determining the cover since health risk increases with age.• Pre-existing diseases are covered subject to sub-limits and waiting period.
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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