Equated monthly installment


This query is : Resolved 

(Querist)
10 March 2014 if i just want to pay all my emi before given duration of time then in that condition ,how much i have to pay

Anand Dad (Expert)
10 March 2014 You can pay off.

It is called Pre closure of the loan.

In that case, You can Save the Interest of the remaining Period...

10 March 2014 satish that shall depend on the pre-payment penalty stipulated in the sanction terms.

Anand Dad (Expert)
10 March 2014 Yup.....

You will have to also pay the Penalty

10 March 2014 lolz.....................


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