Need A Financial Product › Forums › Loans › How my EMI on SBI maxgain loan will be divided › How-my-EMI-on-SBI-maxgain-loan-will-be-divided_REPLY
August 24, 2014 at 8:02 am
#46968
samkapoor77
Keymaster
In case of Maxgain, EMI is composed of principal, interest and OD account. One, this will increase your OD amount. Since you have repaid principal for Rs. 4,00,000, your interest payment will reduce, but the EMI amount will remain same.