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Loan Account
Loan Amount Rs110,000.-
Terms 60 Months
Rate on Interest 7.25%(Fixed)
Note:
Rate of interest is fixed for the whole period of the loan and EMI is fixed
Interest is computed on the lower of the theoretical balance and the balance outstsanding
Closing
Instalment Balance
2,779 108,473
2,779 106,938
2,779 105,393
2,779 103,838
2,779 102,274
2,779 100,701
2,779 99,119
2,779 97,526
2,779 95,924
2,779 94,313
2,779 92,691
2,779 91,060
2,779 89,419
2,779 87,768
2,779 86,108
2,779 84,437
2,779 82,756
2,779 81,065
2,779 79,363
2,779 77,652
2,779 75,930
2,779 74,197
2,779 72,454
2,779 70,701
2,779 68,937
2,779 67,162
2,779 65,377
2,779 63,581
2,779 61,774
2,779 59,956
2,779 58,127
2,779 56,287
2,779 54,436
2,779 52,574
2,779 50,700
2,779 48,815
2,779 46,919
2,779 45,012
2,779 43,092
2,779 41,162
2,779 39,219
2,779 37,265
2,779 35,299
2,779 33,321
2,779 31,331
2,779 29,329
2,779 27,316
2,779 25,289
2,779 23,251
2,779 21,200
2,779 19,137
2,779 17,062
2,779 14,974
2,779 12,873
2,779 10,760
2,779 8,634
2,779 6,495
2,779 4,343
2,779 2,178
2,779 0
Note:
1) Rate of interest as from Sep 2013 is subject to further fluctuations
1) Interest and capital are directly linked with interest rate