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Q.

What is EMI formula for BANK LOANS ?

Tags: emi formula for bank loans
Asked by robinson pondurangan, 03 Oct '07 03:35 pm
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Answers (6)

1.

What is the formula of car loans
Answered by kartik agarwal, 10 Mar '08 08:43 pm

 
  
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2.

P*r(1+r)^n/(1+r)-1
Answered by manish shrivastava, 13 Aug '12 08:19 pm

 
  
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3.

Web sites of almost all the Banks provide you Calculators to know EMI for any Principal, Term and Interest rate you enter
Answered by KVSubbaRao, 03 Oct '07 05:50 pm

 
  
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4.

It is varied by bank to bank
Some body told you formula but Bank offers certain discounts also How this is encorporated is a question.
I suggest you visit bank.
Answered by Deepak Sharma, 03 Oct '07 03:54 pm

 
  
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5.

EMI Formula : l x r [(1+r)n /(1+r)n-1 ] x 1/12
l = loan amount
r = rate of interest
n = term of the loan
Answered by jameel ahmed, 03 Oct '07 03:39 pm

 
  
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6.

Ya even i wanted to know about car loan, please anybody answer this question?
Answered by Tom Boy, 03 Oct '07 03:38 pm

 
  
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