Our Banking BPO and financial system relies on technology to provide important services. If we ever have an internet failure, it might be over in a few minutes. Many people still have reservations about using internet banking since they prefer the more conventional approaches. However, consumers of internet Banking BPO …
Read More »What is an EMI for a loan? How is EMI calculated?
Each calendar month, the borrower makes a set payment to the lender known as an Equated Monthly Instalment (EMI). Equated monthly installments are applied to both the interest and the principal each month, allowing the loan to be paid off in full over a set number of years. The borrower …
Read More »