The loan’s EMI is required to be repaid with interest after a moratorium period. By entering the loan amount, rate of interest, and loan tenure in the Education Loan EMI Calculator, you can calculate the sum of the EMI amount which you need to repay. A pie chart...
Traditionally, bookkeepers entered transactions into ledgers from source documents (like receipts) and then reconciled these ledgers to the bank or credit card statement each month. The advent of bank feeds in accounting software has provided a way to reconcile...
During initial loan period, a large portion of each payment is devoted to interest. The payment schedule also shows the intermediate outstanding balance for each year which will be carried over to the next year. HDFC Bank’s EMI calculators give a fair understanding...
This option provides you the flexibility to increase the EMIs every year in proportion to the increase in your income which will result in you repaying the loan much faster. A loan against property is a type of secured loan that one can avail against a property...
For John D Rockefeller, the late American industrialist, it made life worth living. "Do you know the only thing that gives me pleasure? It's to see my dividends coming in," he once said. You can cash in on the compounding effect of dividends by investing in mutual...