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

#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.