Equated Monthly Installment

GPTKB entity

Statements (21)
Predicate Object
gptkbp:instanceOf gptkb:financial_technology
gptkbp:abbreviation gptkb:EMI
gptkbp:calculationMethod loan amount, interest rate, tenure
gptkbp:commonIn gptkb:India
gptkb:South_Asia
gptkbp:component principal
interest
gptkbp:frequency monthly
https://www.w3.org/2000/01/rdf-schema#label Equated Monthly Installment
gptkbp:purpose to repay loan in equal monthly payments
gptkbp:relatedTo gptkb:loan_agreement
amortization schedule
fixed payment
reducing balance method
gptkbp:usedIn mortgage
loan repayment
personal loan
education loan
car loan
gptkbp:bfsParent gptkb:EMI_(for_India)
gptkbp:bfsLayer 6