1 episodio
Raguragavan Sreetharan Ragavan Sreetharan
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- Arte
Raguragavan Sreetharan: Online banking is a new trend in the banking world. It gives you the ability to manage all your banking money transactions with your computer or mobile device. You don't have to visit the bank; you can do all that you need to do when it's most convenient for you.
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Raguragavan Sreetharan | What Is an EMI?
Raguragavan Sreetharan | An EMI Equated Monthly Installment is a financial term used in loan repayments. It’s a quick and easy method to pay off any type of loan. When a borrower takes a loan from a bank or NBFC, the repayment of the loan is done mainly in specific monthly installments. These fixed financial installments are known as EMIs. The amount of EMI is dependent on the principal loan amount, tenure and the interest rate. This monthly installment or EMI amount is supposed to be paid on a fixed date to the bank by cheque or by electronically.