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You can find out the Equated
Monthly Installments payable to Banks or Financial
Institutions from whom you have taken loan.
You have to enter the Loan Amount, Rate
of Interest applicable and the Period in years in
which you are proposed to repay the Loan. Find out
method they are calculating the interest (Annual or Monthly Reducing Balance
- depending on the
bank's choice) and choose the correct method. Click the
SUBMIT
Button. Installment payable by you in each
month, will be displayed.
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