Dear Ashal

I got sbi maxgain home loan sanctioned on 01/10/2013, the details are as below

HOME LOAN AMOUNT – 1753000

EMI Rs. 18202/PM

TENURE 215 MONTHS i.e. 17years and 11 months

MORATORIUM PERIOD 18 MONTHS FROM 01/11/2013, MY FULL EMI OF Rs. 18202 WILL START FROM 01/04/2015

My question is that whether these 18 months are included in tenure of 215 months and if so dose it mean that my emi will increase as i will get only 215-18=197 months ?

I have asked the same question to SBI official , but they said even after 18 months EMI will be same as Rs. 18202/- subject to there is no change in int. rate.

Dear Ashal can u clarify the same.

regards

miind