EMI (for India)

GPTKB entity

Statements (33)
Predicate Object
gptkbp:instanceOf Financial term
gptkbp:affects Credit score
gptkbp:appliesTo Car loans
Home loans
Personal loans
Loans
Mortgages
Consumer durable loans
gptkbp:calculationMethod Interest rate
Principal
Loan tenure
gptkbp:canBeCalculatedBy EMI calculator
gptkbp:canBeFixedOrReducing Yes
gptkbp:canBePrepaid Yes
gptkbp:commonIn gptkb:Non-banking_financial_companies
Banking sector
gptkbp:failureToPayLeadsTo Penalties
Legal action
gptkbp:filingMethod Monthly
gptkbp:form [P x R x (1+R)^N]/[(1+R)^N-1]
https://www.w3.org/2000/01/rdf-schema#label EMI (for India)
gptkbp:name Number of monthly installments
gptkbp:popularFor Credit card purchases
Education loans
Retail loans
gptkbp:PP Principal amount
gptkbp:prepaymentMayIncur Charges
gptkbp:R Monthly interest rate
gptkbp:regulates gptkb:Reserve_Bank_of_India
gptkbp:standsFor gptkb:Equated_Monthly_Installment
gptkbp:usedIn gptkb:India
gptkbp:bfsParent gptkb:Amazon_Pay
gptkbp:bfsLayer 5