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Emis (equated Monthly Installment)

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Here's how your loan repayment works!
Oct 12, 2011 at 08:49 | Source: Moneycontrol.com
To meet some of your goals like buying a car or building a home might require additional financial help in the form of a loan from a bank.
Banks to get Rs 6K cr more from home loans on rising rates
Oct 11, 2011 at 21:46 | Source: PTI
The rising interest rates will push up the equated monthly installments (EMIs) of home loan borrowers by Rs 6,000 crore annually, leading research agency Crisil said today.
Rising interest rates: How much EMI do you have to pay?
Oct 11, 2011 at 17:53 | Source: Moneycontrol.com
The rising rate of interest has been a cause of concern for borrowers. Since April, 2010, the Reserve Bank of India has hiked key policy rates by 250 basis points. Banks and housing finance companies too have transmitted such rate hikes to their customers. So much are you supposed to pay?
How the bank calculates loan eligibility?
Aug 20, 2011 at 12:31 | Source: Moneycontrol.com
THE amount you can borrow depends on how much you can afford to repay per month in EMIs or Equated Monthly Instalments. What the bank calculates is 'how much you can afford to repay'.
Are there varieties in EMI?
Aug 20, 2011 at 12:29 | Source: Moneycontrol.com
IF you have taken a loan and think the monthly instalment is too much for your pocket, speak to your banker. He can give you options that can solve this problem. Here, we list out the options for you.
Teaser loans, the trouble maker?
Aug 19, 2011 at 22:09 | Source: CNBC-TV18
The benchmark banking index, Bankex, has been brought down 7.5% this week on fears that the infrastructure loans given out by banks may go bad. But veteran bankers say, the bigger time bomb for the lenders may be teaser home loans, CNBC-TV18's Gopika Gopakumar and Latha Venkatesh report.

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