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EMI and calculators

what inputs do you need to estimate EMI calculator for loan and credit card payments?

what inputs do you need to estimate EMI calculator for loan and credit card payments?

an EMI calculator is only as good as the numbers fed into it. the wrong interest rate or tenure makes the output meaningless. most calculators ask for three things. loan amount. interest rate. tenure. but the accuracy depends on getting each of these right. for credit cards, the inputs are

how to cancel EMI on credit card?

how to cancel EMI on credit card?

cancelling an equated monthly installment (EMI) on an credit card is possible, but the process and charges depend on when the request is made. the best time to cancel is within 15 days of the EMI conversion. after that period, cancellation becomes more expensive and may not be worth it.

education loan eligibility calculator: check your loan eligibility

education loan eligibility calculator: check your loan eligibility

an education loan eligibility calculator is a tool that helps determine how much a student can borrow for higher education. it looks at the co-applicant's income and existing financial obligations to arrive at an estimated loan amount. the tool is straightforward to use. the applicant enters details

how to calculate EMI for bike?

how to calculate EMI for bike?

three factors decide a bike loan's EMI. the loan amount, the interest rate, and the tenure. lenders use one standard formula to calculate the EMI. EMI = [p × r × (1+r)^n] / [(1+r)^n: 1]. p is the principal. r is the monthly interest rate. n is the

education loan interest calculator: how to calculate your loan cost?

education loan interest calculator: how to calculate your loan cost?

an education loan interest calculator is a tool that estimates monthly EMI and total interest cost for an education loan. it takes the loan amount, interest rate, and tenure as inputs and shows what the repayment will look like. the calculator displays: * monthly EMI amount * total interest payable * total repayment

how to calculate GST on credit card EMI?

how to calculate GST on credit card EMI?

GST does not apply to the actual purchase amount. it applies to the services the bank provides. these services include: * interest on the EMI: 18% GST on the monthly interest component * processing or conversion fee: 18% GST on the fee charged for converting a transaction to EMI * late payment charges:

how to choose the right EMI calculator for your loan

how to choose the right EMI calculator for your loan

most EMI calculators look the same. input the loan amount, interest rate, and tenure. get a number. but the number is only part of the story. different calculators can show different results for the same inputs. the difference is usually in the assumptions. some use the reducing balance method. some