Generic EMI Doubt
Similar queries may have been asked here several times, I just got a doubt. I'm a noob when it comes to EMIs.
With reference to the attached picture:
Is this regular EMI?
How is no cost EMI different from this?
Why does the Total amount doesn't match the EMIx24 months? (Total amount does say EMI + interest)
Why does Total amount (EMI+Interest) + Interest charged by Bank match EMI x 24? (Two interests??)
Wait ..... Are those two interests charged by two people? Bank and the seller?
u/Electrical-File8923 — 3 days ago