EMI deducted different from EMI shown in Amortization Schedule

POSTED BY namdeopankaj@gmail.com ON March 20, 2014 8:51 pm COMMENTS (5)


I have applied for 55, 90,000L SBI home loan but EMI that is deducted from my account is different then is showing in Loan Amortization Schedule? Why is that?

EMI per bank is-Rs 52618/month

EMI as per Sheet- Rs 51835/month

5 replies on this article “EMI deducted different from EMI shown in Amortization Schedule”

  1. namdeopankaj@gmail.com says:

    I will ask for the EMI schedule from the bank again.

  2. ashalanshu says:

    Dear Pankaj, based upon your 52K EMI, the loan should be over earlier than normal term.



  3. namdeopankaj@gmail.com says:

    I have checked with SBI & they replied tht the arrangement letter that we signed upon while signing the agreement is the correct & that excel shouldn’t be considered.


  4. ashalanshu says:

    Dear Pankaj, what’s the reply of SBI?



  5. Raja says:

    Why dont you get clarification from your bank first? Tell them to justify it

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