POSTED BY March 12, 2014 8:53 am COMMENTS (4)
ONHi,
I am having SBI maxgain home loan account and I have taken 25 lakhs of loan and my EMI is around 24k per month. Now I want to increase my EMI from 24k to 30k per month, but before that I want your suggestion that am I right? or instead of increase in EMI Is it better to deposit ‘x’ amount monthly to maxgain account as I have internet net banking for the same account.
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Dear Bhushan, please start parking this extra amount manually into SBI Max Gain.
Thanks
Ashal
Thanks Ashal, for your valuable reply now I got clear Idea.
It is better to deposit ‘X’ amount monthly to maxgain account. This amount will be available for you to withdraw in case of financial emergency apart from bringing down your interest component
Thanks Roshan, for the clear and very helpful information, Thanks a lot