Mr. Rahul Prakash Salunke took out a 36-month personal loan of Rs. 200,000 from HDFC Bank. The loan is to be repaid in 36 equal monthly installments of Rs. 6,836, consisting of principal and interest. The repayment schedule shows the installment amount due each month over the tenure of the loan, and the breakdown of principal and interest in each installment. It also shows the outstanding principal amount decreasing with each subsequent payment.
Mr. Rahul Prakash Salunke took out a 36-month personal loan of Rs. 200,000 from HDFC Bank. The loan is to be repaid in 36 equal monthly installments of Rs. 6,836, consisting of principal and interest. The repayment schedule shows the installment amount due each month over the tenure of the loan, and the breakdown of principal and interest in each installment. It also shows the outstanding principal amount decreasing with each subsequent payment.
Mr. Rahul Prakash Salunke took out a 36-month personal loan of Rs. 200,000 from HDFC Bank. The loan is to be repaid in 36 equal monthly installments of Rs. 6,836, consisting of principal and interest. The repayment schedule shows the installment amount due each month over the tenure of the loan, and the breakdown of principal and interest in each installment. It also shows the outstanding principal amount decreasing with each subsequent payment.