SBI Homeloan with MaxGain Vs Normal Home Loan

POSTED BY ON September 21, 2014 10:45 pm NO COMMENTS

I could not differentiate between Normal Homeloan and SBI Max Gain Home Loan hence I am raising this query with examples. If I take loan of 3250000 for tenure of 180 months @10.15% interest. I will have to pay Rs 35224 as 180 nos of EMI incase of normal home loan. Now with SBI MaxGain , If I take same loan and if I park say 32.50 Lacs in MG account how interest and nos of EMI will be calculated.

Will EMI amount go down or Nos of EMI goes down. Please guid me.

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