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How pre-EMI was calculated


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ravi bulusu
Note on computation of average Pre-EMI interest of Rs 9,961
by ravi bulusu on Jul 14, 2011 03:42 PM

Here we are paying this Rs9,961 per month extra for 2 years and also end up paying the same amount along with the interest and principal again, if I am not wrong.
Otherwise could you explain me how does the pre EMI works. We have to pay interest till the time actual EMI starts and they end up paying the EMI along with the interest and principal. Double the amount to the bank.

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Nagesh G
Limit on number of partial disbursements?
by Nagesh G on Jan 26, 2009 05:29 PM

Any ideas why is there a limit on that? The plan I'm looking at has as much as 12 chunks. I'd say that shouldn't be a problem for the bank...

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