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champak bhattacharyya (Dy.Director(Medical))     19 September 2011

Part period interest in home loan

I take home loan of rs 1893000 from RACPC kolkata(SBI) on may 2011with EMI of rs 17178 for first 12 months but from the very first month sbi taking part meriod interest & the amount is increasing day by day in every month.please tell me what is part period interest & why it has been imposed on me.



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