# Riya2890

How you can get your KYC done for mutual funds – Finance blogs. If you are an investor in mutual funds you would have to fill up Know Your Customer (KYC).

As you may have guessed by now, this is a mandatory requirement. You need to submit all your identity-related details with the mutual fund house where you are investing your money. All asset management companies (AMCs) have to carry out certain customer identification program that follows the rules and regulations that are mentioned in the Prevention of Money Laundering Act, 2002 (PMLA). These rules and regulations are always getting updated. The Securities Exchange Board of India (SEBI) issues them regularly. What documents do you need for these? First of all, you need to get a KYC form that you should be able to download from the official website of the mutual fund house that you are investing in. Proof of identityphotographproof of addressAadhaar Card, if neededPAN (Permanent Account Number) card You need to fill-up the form and provide self-attested copies of the abovementioned documents.

Trends — How You Can Keep Your Feet Healthy. Car Loan EMI Calculator - Car Loan Calculator. The Equated Monthly Instalment (or EMI) consists of the principal portion of the loan amount and the interest.

Therefore, EMI = principal amount + interest paid on the Car Loan. The EMI, usually, remains fixed for the entire tenure of your loan, and it is to be repaid over the tenure of the loan on a monthly basis. Mathematically, EMI is calculated as under: Power. Trends — A Guide to Understanding What the Mutual Funds are. EMI Calculator for Personal Loan, Home Loan and Car Loan. Mathematically, EMI is calculated as under: P x R x (1+R)^N / [(1+R)^N-1] P = Principal amount of the loan R = Rate of interest N = Number of monthly instalments.

The aforesaid variables along with the processing fee are needed to determine your EMI. For example, if you borrow Rs 51,00,000 for a home loan from Axis Bank at a rate of interest of 10% p.a. and the tenure of the loan is 15 years, your EMI will be calculated as under (assuming a 1% processing fee): EMI = 5100000* 0.0083 * (1+ 0.0083)^180 = Rs 54,805 / [(1+ 0.0083)^180 ]-1 The rate of interest (R) on your loan is calculated monthly i.e. Flights to Ahmedabad, Book Cheap Flights to Ahmedabad (AMD)