Question ID : 170

OVERDUE IN CASE OF EQUITABLE MONTHLY INSTALLMENTS IN BANK LOAN

CASE OF TERM LOAN GIVEN BY BANK AND THE REPAYMENTS EMI WHICH CLUDES TER AND PRCIPAL AMOUNT. THEN HOW CAN WE FD OVERDUE AMT. FOR NPA ? FOR EXEMPLE IF RS.60000 LOAN PAID 60 MONTHLY STALLMENT RS.1000 AND TER SEPERATELY PAYBLE. THEN AFTER 24 MONTHS THE DRAWG POWER WILL BE 36000. IF BANCE ACCOUNT 42000 THEN WE CAN ASCERTA THAT OVERDUE IS RS.6000 AND ACCOUNT IS NPA. BUT IF THERE IS EMI SUPPOSE RS.1200 WHICH CLUDE T AND PRICIPAL, THEN WHAT THE DRAWG POWER AFTER 24 MONTHS ? '

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