Took SBI HL MAXGAIN OD(WOM-OCT15) in Feb 2016 has joint home loan account for 36,60,000 interest rate for 9.50%.
But now it was reduced to 9.45 %
- Please suggest me whether to shift to lower interest rate to 8.65% for 1 year. ? Is there any benefits for it?
- I paid around 1 lac apart from EMI which comes around 31,978 last month Jan 2017, But actally am not able to see the amount deducted from my Principle amount, Not sure why?
- Here my account detail shows like:
- Book Balance
- One year means?
- I am not sure of how much you paid. However, the amount in available balance showing Rs.80,441. This means every month you are paying interest part in EMI=your principal outstanding for that particular month-Rs.80,441. If you still have confusion, then check with bank officials.