POSTED BY November 2, 2013 9:02 am ONE COMMENTON
giving herewith sbi-max gain hl statement. I have taken loan of rs 17.53 l for 215 months with 18 months moratorium with 10.05 ROI . Out of 1753000, first disburstment of rs 410631 made on 22/10/2013. My int for 22/10/2013 to 31/10/2013 rs. 1137/- is added to my book balance . Hence my available balance is reduced by rs. 1137/- .
i did not understand why rs 1137/- is added to my book balance, is it mean that my loan avalable is less by 1137/- ? pl advice and clarify in simple language as usual.
Ashal i sincerely admit that what so ever maxgain i understood is just because of your advice / explaination in simple language.
|Description||SBI H L MAXGAIN AUG12|
|Name||Mr. MILIND ARVIND SARAF|
|Rate of Interest (% p.a.)||10.05%|
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One reply on this article “Why pre-EMI amount added in book balance of SBI Maxgain ?”
Dear Mr. Saraf,
We would suggest that you directly approach the bank for clarifications on the details/calculations.