#1

Bank Interest rates

in Guide for All the Investors Sat Jan 19, 2013 9:26 pm
by Forum Admin • 5 Posts

*Source: IL&FS
Note: This is a sample list with no indication of a complete list of all the players in the field of Banking & Finance.

Most of the banks and HFCs follow the daily or monthly reducing-balance method, by which the principal on which you pay interest reduces every month as you pay your EMI, resulting in a lower interest burden. Thereby, the EMI for the monthly reducing system is effectively lesser than the yearly reducing system of calculating interest.


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#2

RE: Bank Interest rates

in Guide for All the Investors Thu Apr 18, 2013 9:28 pm
by Vinit Marwaha • 2 Posts

Superb sir...really helpfull.

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#3

RE: Bank Interest rates

in Guide for All the Investors Mon Jan 27, 2014 12:38 pm
by kanchan
avatar

thank you for posting !...Nice information...can you also suggest which bank is good for taking home loans..

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