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| Posted On :- 24/07/2008 | |
| Question Asked :- | |
| Hi I wanted to know what is daily reducing method and is it applicable for personal loan ?If yes then how is it calculated? | |
| Answer :- | |
| It is a methodology of calculating EMI. The EMI will differ based on methodology of calculation. Most banks now
a days use monthly reducing balance method, but some banks also use
quarterly or yearly reducing balance method. In the case of the latter,
the EMI will be more. You may want to approach www.apnaloan.com for a personal loan because here is where banks compete for your loan. |
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| Personal loan query listing |
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| Qid | Question | |
| 12105 | to start personal loan | |
| 12098 | I need a personal loan of around 3.5 lacs at the minimum possible r | |
| 12090 | I want a loan of 5lacs but they have informed I m eligible for 4lac | |
| 12074 | Can i apply for a personal loan of 1000000(10 lacks) on a monthly i | |
| 12058 | Hi, I have four present personal loans from different banks (ICICI | |
| 12033 | what should be the idle rate of interest for a personal loan of 5 l | |
| 12020 | ABOUT PERSONAL LOAN | |
| 12016 | i want to apply for personal loan please give me the details. | |
| 12011 | HI I NEED 500000 LOAN WITH MY MONTHLY SALARY 7500RS PLS SUGGEST WHI | |
| 12008 | I have 4 different personal loans and a credit card due totalling 7 | |
| 11982 | Tell me about formalities to be taken for sanctioning the loan | |
| 11977 | i am working in a ship for which my salary is debited in my nre acc | |
| 11945 | 50,000 | |
| 11923 | I want to take a personal loan of amount 150000 to start a business | |
| 11918 | My company does not deduct PF . I am in this company for the past s | |
| 11913 | can i apply for a personal loan of rs.100000/- on a monthly income | |
| 11893 | Hi, I am a salaried employee(From Trivandrum , Kerala), i get aroun | |
| 11869 | sir, i need Rs 150000/ for filling form for dda flats .how i get | |
| 11867 | sir, I hvn't any address proof. I hv address of my bussiness place( | |
| 11865 | sir, we have sell out of house recently and (all address proof) vot | |
| 11860 | I want to buy laptop woth Rs 35000/-.whether i should go for person | |
| 11859 | i filled my detailes...when ill b geting t loan? | |
| 11852 | I am retired central govt officer can u give mers one lac for my pe | |
| 11836 | pls tell me about your personal loan term condition and interest ra | |
| 11814 | I am operating a company owned petrol pump of HPCL named Margbandhu | |
| 11813 | sir ia m an nri working in bahrain...i hav no property at all..so i | |
| 11806 | will i get the loan | |
| 11794 | please can you give me personal loan | |
| 11792 | Can we increase the tenure of a personal/business loan after having | |
| 11780 | how can i take loan | |
| 11755 | I am a houswife so please tell me can i take a personal loan? | |
| 11745 | how many u give personal lone to me? | |
| 11715 | i need a personal loan for Rs 100000 but my salary is 14000/- only. | |
| 11688 | i need aloan amt of rs 200000 with a interest of 14% or below16 | |
| 11687 | HI, I'm working with AVIVA Life Insurance. For which category my | |
| 11676 | Hi sir i need personal loan for my house renovation Work in process | |
| 11672 | Hi , I like to know ICICI personal loan current interest rate for S | |
| 11671 | incibil reports is mainly based on the date of birth.then why cred | |
| 11665 | Hello Sir, I want to avail of a personal loan for buying a 2 wheel | |
| 11661 | what is intrst rate all do&dons | |
| 11660 | dear sir, i used to have credit card of icici bank few years back,h | |
| 11659 | I have taken a personal to buy a plot. I would like to take home lo | |
| 11646 | Hi my name is vishal. i want personal loan up to Rs. 500000 and my | |
| 11639 | when&how much fast i could get | |
| 11637 | hi i am nishat.i want to know how to calculate emi if it is a redu | |
| 11629 | sir personal loan interst rate@tems@CONDITION | |
| 11603 | I need a personal loan of Rs 400000 but I have a salary of rs. 1300 | |
| 11601 | I need some loan amount need help from you | |
| 11583 | Hi, I am having 4 credit cards and due to some medical issues from | |
| 11566 | I am a salried employee with 20000 p.m. what is the procedure for g | |
| << prev [ 1 ] 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20 next Last>> | ||
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