Equated monthly installment

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satish kumar (Querist)
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10 March 2014 if i just want to pay all my emi before given duration of time then in that condition ,how much i have to pay

Anand Dad (Expert)
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10 March 2014 You can pay off.

It is called Pre closure of the loan.

In that case, You can Save the Interest of the remaining Period...

Nikhil Kaushik (Expert)
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10 March 2014 satish that shall depend on the pre-payment penalty stipulated in the sanction terms.

Anand Dad (Expert)
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10 March 2014 Yup.....

You will have to also pay the Penalty

Nikhil Kaushik (Expert)
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10 March 2014 lolz.....................

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