Can we postpone first EMI installment?- Property Hotline
August 12, 2016
94
Search the Record
IndexedEvery word spoken in this episode is indexed. Type any phrase to jump straight to the moment it was said.
Type any word or phrase that may have been spoken. Click a result to seek the player to that exact moment.
Try a name, a topic, or a quoted line
Mirror Now Episodes Around August 12, 2016
See what was published immediately before and after this episode.
2:49Now PlayingCan we postpone first EMI installment?- Property Hotline
YouTube Description
as posted by the channelExpert: Kartik Jhaveri, Founder & Director of Transcend Consulting India Pvt Ltd?
Question: I bought a property recently and the builder has promised delivery soon. I booked it on a pre-EMI offer. The property is not yet ready, but I need to start paying EMIs from next month. Can I postpone the first EMI instalment?
Answer: Pre-Emi is just the interest portion on the disbursed loan amount that you pay until the full disbursal is done. Your EMI payments start after the pre- EMI phase. Until then, your money does not reduce even a paisa of the outstanding loan amount. Some banks allow you to pay full EMI even when the disbursal is being done in stages. If you can afford to pay full EMI, that is both principal and interest from the beginning, it helps you reduce the outstanding principal as well as the tenure from the very first month.
Be Un Confused
Links & Promotions
Guests & Subjects Covered
Sentinel Indexing in Progress
Metadata and chapters are available. Claim extraction for this episode is pending.
All video content is delivered via YouTube embedded players in accordance with the YouTube Terms of Service. Sentinel provides research tools that promote discovery and accountability across political media.