Page 3 Emi: Latest News and Updates, Top Stories, Videos, Photos About Emi

What is the difference Between Pre-EMI and Full EMI?

The housing loan comes up with several unknown terms, fees and hidden charges which we may not know. It will be necessary for the borrower to thoroughly check these charges before proceeding with the loan. Though for different types of home ...

Easy Ways to Reduce Equated Monthly Installments (EMI)

Those individuals who have availed a loan do know the burden of repaying the loan amount. With the growing inflation rates and shrining earnings, it is not easy to garner more savings. The rising rates of goods and services have shrunk ...

SBI Customers To See Faster Revision In EMIs; MCLR Reset Cycle Shortened

Customers of the State Bank of India (SBI) will be able to receive the benefits of RBI repo rate cuts faster now that the public sector bank has adopted a 6-month MCLR reset frequency instead of one year. "Enjoy the ...

What is Pre – EMI? List of Factors to Consider Before Opting

Owning a decent house is everyone's dream. For some people, it's a lifetime goal. With the sky-high prices of real estate, it is not an easy thing to either purchase or to construct a house. One has to shell out a ...

Know the Procedure to Convert Purchases into EMIs

The introduction of Credit Card has helped its holders to purchases things on the go without thinking twice, which otherwise was not easy previously without having sufficient cash in hand. Many banks and financial organizations have offered its customers an option ...

What is the Interconnection Between Repo Rate and EMI?

The country's central bank - Reserve Bank of India is the deciding authority of the repo rate and this is subject to change from time to time. The repo rate will have an important bearing on the financials and hence it ...

Moratorium On Loan Repayment Extendable By 2 Years: Centre, RBI Told SC

The government and apex bank told Supreme Court that the moratorium granted on loans up to August 31, 2020 on loan repayment is ‘extendable' by 2 years tenure amid the novel coronavirus pandemic. On behalf of the government and ...

6-Month EMI Moratorium Ends On 31 Aug; Here's How Loan Repayment Will Look

On 31 August, the 6-month moratorium on term loan repayment ends. A PTI report citing sources said that it is highly unlikely that the Reserve Bank of India (RBI) will be extending it again as that could impact the credit behaviour ...

No Penalty On Late EMIs From March To August For UP Govt Houses

The Uttar Pradesh government has decided not to impose any penalty on delayed payment of instalments of home loans for the period between 1 March to 31 August. The state government has also advised the development authorities and the housing board ...

SBI Loan Borrowers May See EMI Reduction Soon: Here's Why

Loan customers of the country's leading state run lender SBI have a reason to cheer as their EMIs against different retail loan account linked to MCLR or marginal cost based lending rate may be slashed in some time. This is as ...

Insurance Premium Or Loan EMIs Which To Service First During Liquidity Crunch

There is conspicuous confusion amongst Indian consumers amid the pandemic when as per a study at one end they are willing to give up on insurance premiums including property and other insurance and at the other end given the covid 19 ...

SC On Interest Waiver On Loan In Moratorium: Limit Scope To Interest Charged On Deferred Interest

On June 12, in an important case hearing for bank, the Supreme Court on the interest waiver on loan moratorium said the apex court may limit scope of interest waiver to interest that shall be charged on delayed interest payment post ...

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