{"id":2061,"date":"2021-03-25T12:36:30","date_gmt":"2021-03-25T12:36:30","guid":{"rendered":"https:\/\/www.vitalstatistics.info\/?p=2061"},"modified":"2021-03-25T12:36:30","modified_gmt":"2021-03-25T12:36:30","slug":"a-beginners-guide-to-home-loan-account-statement","status":"publish","type":"post","link":"https:\/\/www.vitalstatistics.info\/a-beginners-guide-to-home-loan-account-statement\/","title":{"rendered":"A Beginners Guide to Home Loan Account Statement"},"content":{"rendered":"
As you start repaying your home loan, you may want to keep track of the payments made. But, keeping track manually can be challenging. This is where the home loan account statement can be useful. Read on to know more about it.\u00a0<\/span><\/p>\n
As soon as the home loan application is approved, the repayment period begins, and you are obliged to pay the EMI (Equated Monthly Instalment) every month till the end of the tenure. And, as you gradually keep repaying the EMI, the overall debt reduces over time. However, keeping track of the number of EMIs you have paid, and the number of EMI pending manually can be challenging.\u00a0<\/span><\/p>\n
But, you can be on top of your home loan payments with the help of a home loan account statement. As the name suggests itself, the loan account statement records all the home loan-related transactions. It works like the bank account passbook. You can easily get your home loan account statement by requesting the lender for the same.\u00a0<\/span><\/p>\n