My bank Relationship Manager recently reached out to discuss the option of opting for a reduced Equated Monthly Installment (EMI) for my loan. While I appreciate the potential savings that come ...
I own a Tata Tigor XZ+ petrol April 2019 driven 77000kms till Feb 2025. My overall experience is good, car has good stability and control above 100 kmph also. Maintenance cost is normal, good ...
These payments include the principal amount as well as the interest i.e. EMI = Principal Amount + Interest on Principal amount. Mathematically, EMI can be calculated using the following formula ...