Bank of Maharashtra EMI Calculator - PowerPoint PPT Presentation

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Bank of Maharashtra EMI Calculator

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An EMI calculator helps you to calculate monthly loan EMI payouts for various loans. Here are the steps to use Bank of Maharashtra EMI calculator for home loan, personal loan and vehicle loan. – PowerPoint PPT presentation

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Title: Bank of Maharashtra EMI Calculator


1
Bank of Maharashtra EMI Calculator
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What is EMI?
  • Equated Monthly Installments or EMI in short is a
    set monthly payment provided by borrower to a
    creditor on a set day, each month. EMIs apply to
    both interest and principal each month.

3
What is EMI Calculator?
  • EMI calculator is a tool with which you can
    calculate your monthly loan EMI payouts. It can
    be various type depending on the loan you choose.

4
Home Loan EMI Calculator
  • Home loan is a secured loan obtained to purchase
    a property by offering it as collateral. The home
    loan EMI calculator tool is used to calculate the
    EMIs you pay in case of a home loan. It helps the
    user to calculate the home loan EMI instantly.

5
Bank of Maharashtra Home Loan EMI calculator.
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Personal Loan EMI Calculator
  • Personal loans are unsecured loans also known as
    all purpose loan which can be used for any
    purpose. The personal loan EMI calculator is the
    ideal tool to assess the repayment capabilities
    and reach a loan amount which you are comfortable
    paying back.

7
Bank of Maharashtra Personal Loan EMI calculator
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Vehicle Loan EMI Calculator
  • There are different schemes for buying cars, both
    new and old. Purchasing a dream car requires to
    make a substantial investment which can be met
    through a vehicle loan. A Car loan EMI calculator
    lets you know your car loan EMIs based upon the
    loan amount, tenure and interest rate.

9
Bank of Maharashtra Vehicle Loan EMI calculator
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How to Use Bank of Maharashtra EMI Calculator
  • Login to official website www.bankofmaharashtra.in
    /
  • Click calculators tab.

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  • You will reach a page where you have the option
    to use different loan EMI calculators, i.e. home
    loan, personal loan, car loan etc.
  • Click on the Loan EMI calculator tab you want to
    use.

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