Pros and Cons of a Car Loan

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The following post is a sponsored post. A new purchase is always exciting, be it a home or a car. However, ensuring you have a seamless experience while making your purchase is equally important. Selecting a good car is only the first step, but completing all financial tasks related to the same will ensure you […]

Tips To Finance a Used Car

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The following post is a sponsored post. Purchasing a new car is the second most important investment an individual may make, next to buying a home. Some may not be in a financial position to purchase a new car and hence decide to buy a used car. However, getting a used car loan is much […]

Tweets on 2009-01-22

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I’ve been working on improving a few Excel-based calculators that I have previously published. Specifically, I have improved the following calculators: The enhanced Public Provident Fund investment calculator now provides monthly calculations for a period up to twenty-five years. [Link to the original article.] The enhanced Car Loan EMI calculator now supports both Advance EMI […]

How to Calculate the Loan Amortization Schedule (EMI, Principal, and Interest Components) for Your Car Loan?

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Download my Car Loan EMI Calculator Excel workbook. This workbook has six sheets, one each for a loan duration ranging from one year to six years. Select the sheet corresponding to the loan duration you’re thinking of. For example: select the sheet labeled “4 Years” if you’re looking for a car loan that you want […]

Know Your Rights: From May 01, 2007 Your Bank Should Compulsorily Tell You Why Your Loan Application Was Rejected

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Public Service Announcement From a recent RBI circular: Guidelines on Fair Practices Code for Lenders Earlier, Banks/FIs were advised that loan application forms in respect of priority sector advances up to Rs. 2.00 lakhs should be comprehensive and should include information about the fees/charges, if any, payable for processing, the amount of such fees refundable […]