banner_ad

Bank account query

414 views 1 replies

I am having Housing Loaan account with bank having 168 EMI repayment Schedule I have paid 138 EMIS 30 are pending

 

as per EMI repayment  schedule of Bank outstanding should be 250000 but the statement given by bank shows otstanding

 

of 400000 why thre is diffrence ?

Replies (1)
May be because of increase in rate of interest. If interest rates increased, and your EMI remains same, then more part of the Instalment amount will be going to interest, and not to principal amount. so outstanding loan amount not reduced much.., or may be you need to check loan summary, whether EMI been credited to loan a/c regularly..


CCI Pro

Leave a Reply

Your are not logged in . Please login to post replies

Click here to Login / Register  

Company
Featured 14 April 2026
GST CONSULTANT

Abhishek G Agrawal & Co.

Korba

CA Final

View Details
Company
Featured 02 May 2026
Senior Executive

hitesh chandwani & co

Pune

B.Com

View Details
Company
Featured 28 March 2026
CA Final

Ashok Amol & Associates

New Delhi

CA Final

View Details
Company
Featured 13 April 2026
GST CONSULTANCY

Abhishek G Agrawal & Co.

Korba

CA Final

View Details
Company
Featured 29 April 2026
Manager- Finance and Compliance

Naveen Fintech Pvt Ltd

Kolkata

CA Inter

View Details
Company
Featured 28 March 2026
Accountant

Ashok Amol & Associates

New Delhi

B.Com

View Details