06/02/2014
Dear Ashal
As you told me earlier that,
if after 2/3 years of loan repayment , if i park the surplus amount in maxgain which is equal to my outstanding loan amount, then
1) whether my EMI will be same or will it get reduced?
2) If surplus amount = outstanding loan amount then whether 100% emi will go to towards principal amount ? in this case my tenure should be reduced.
kindly advice
regards
Milind