POSTED BY October 22, 2013 7:55 pm COMMENTS (3)ON
We have taken SBi-max gain home loan for 33L in the month of Aug-2013 and our EMI starts from SEP-2013. I am confused about the calculation the bank is doing on loan account. I want to know whether our loan account on on correct platform. I have given the details of my Max-gain loan account. Please help me to understand the following.
Book Balance = – 27,42,855.00
Available Balance = 5,29,608.00
Limit = 32,72,463.00
Drawing Power = 32,72,463.00