The document is a loan calculator that provides details of a 3 million loan taken from Punjab National Bank with an annual interest rate of 8.75% over 240 months. It shows the scheduled monthly payment amount of Rs. 26511.32, the breakdown of principal and interest in each payment, and the amortization schedule for the loan across 240 payments. It also provides the total interest that will be paid over the lifetime of the loan, which is Rs. 3362717.10.
The document is a loan calculator that provides details of a 3 million loan taken from Punjab National Bank with an annual interest rate of 8.75% over 240 months. It shows the scheduled monthly payment amount of Rs. 26511.32, the breakdown of principal and interest in each payment, and the amortization schedule for the loan across 240 payments. It also provides the total interest that will be paid over the lifetime of the loan, which is Rs. 3362717.10.
The document is a loan calculator that provides details of a 3 million loan taken from Punjab National Bank with an annual interest rate of 8.75% over 240 months. It shows the scheduled monthly payment amount of Rs. 26511.32, the breakdown of principal and interest in each payment, and the amortization schedule for the loan across 240 payments. It also provides the total interest that will be paid over the lifetime of the loan, which is Rs. 3362717.10.
Loan amount 3000000.00 Scheduled Payment 26511.32 Annual interest 8.75 % Scheduled Number of Payments 240 Loan period in months 240 Actual Number of Payments 240 Moratorium in months Total Early Payments 0.00 Date of loan 1-Nov-2015 Total Interest 3362717.10 Optional extra payments