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Originally Posted by rkbharat  Thats what my point is, first EMI has the biggest per month interest... I will check with PNB and State Banks for the same.
I clearly see its as ripoff.... Recently I converted a citibank credit card payment of 50K into EMI and they clearly told me the first EMI will be one month after the purchase. Which makes sense |
Mate! rather than speculating and calling those guys dastards (which they are) lets do some calculations. Send me the details of the loan you are taking and lets work out the amount that you are paying extra etc. I am sure the ending month EMI scheme would be a winner but the difference would not big enough to warrant calling them dastards (there are plenty of other reasons though
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