This is How Banks TRICK You

This is How Banks TRICK You || bekifaayati #shorts #youtubeshorts #youtubepartner
A Flat interest rate is calculated on the full loan amount throughout its tenure. It does not take into account that the principal amount is gradually reduced by the monthly EMIs.
An interest rate that is calculated on the outstanding loan amount every month is known as the Reducing Balance interest rate.
If you take a Loan of 5 Lakhs, @10% Flat Rate for a Period of 5 years. Then you would pay EMI of rs. 12,500 for 5 Years.
This EMI of rs. 12,500 converts to a Reducing Balance Interest Rate of 17.27% for the same Tenor.
It does not make sense to keep paying the same EMI through the entire tenure of the Loan even though the loan amount keeps reducing.
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[@conotoxia]

बैंक वाले बोल देंगे ,जहां मिल रहा है वही से ले लो।

[@minhas5315]

Exactly

[@techieenthusiast]

@THE_QUIET_KID●《UNDERRATED 》 toh phir loan kyu

[@spicykitchen-1]

SBI Wale bolte hne mostly

[@bachlor5bhatt]

@@spicykitchen-1 ....SBI offers lowest, reducing rate with no prepayment no preclosure penalty ..no processing fee...

[@arshadinamdar4034]

Bhai lekin tmne agey batey dhyan se sune hi nahi 🤔

[@SagarKumar-em7iu]

Being a banker I think you actually need to learn a lot about how banks work.

[@ajiitchaudhari5083]

I was going to comment on this reel bt your comment and number of likes are enough to let her get the message ... As far as I know Bank loans are always on reducing balance basis and there is no interest rate bargaining done while giving loan.... just to promote NAVI finance this lady has kept her mind aside...

[@naveennain1988]

true

[@Prasadjz]

She need not need to know how a bank works, you need to know these tips..and if you are from SBI, you must need to know how other banks work pls 🙏

[@ajiitchaudhari5083]

@@Prasadjz Okay fine... grow your knowledge with her TIPS... But remember BANK LOANS ARE ALWAYS ON REDUCING BALANCE BASIS... baaki Upto you 🙏 Also go through all other comments if you find my comment wrong... One doesn't need to be a banker to know this simple thing. She might be good at many points in many of her videos but where the wrong information is being transmitted , ppl aware of the correct one should clarify.

[@deepjyoti6527]

​@@PrasadjzAs an SBI employee, a lot of banks learn how SBI works.. Also, all banks, let me repeat, in all banks, interest is on reducing balance and also, you cannot go and negotiate the interest rate.. The systems automatically fetch the rates, and the rates are decided based on the repo rate, the credit score and credit history of the applicant..

[@sagardhama1304]

Disclaimer: please do not perform the act in Real life, it may be Insulting.

[@Saritajjain]

Okay I will never try this

[@eshaansosa1020]

I have tried this and i was little nervous become not have having proper knowledge to debate with the employee

[@sagardhama1304]

@@eshaansosa1020 yes you are Right Brother.

[@gurjargirl4347]

😂

[@kumarsuprabhat]

Please go to the bank and get some knowledge about the actual working pattern of credit.

[@koppisettiprajnesh6021]

Frnds , report something as misleading content if it's not true.

[@nitinkashyap14]

All hypothetical scenarios!!!! You cannot negotiate on interest rates, especially in big commercial banks, because they do have very clear guidelines when it comes to interest rates and is linked to risk factor, FOIR, cibil and RBI repo. Also almost all loans these days are offered on floating interest rates NOT FLAT or FIXED. This girl needs to do her homework before spreading false information.

[@ravoisam4609]

Good

[@rohanchoudhari7690]

Finally someone pointed her shit

[@ashishchaturvedi222]

ICICI Bank offers fixed int rate and you can negotiate on interest if you have good credit history, job history and ectera etc

[@9595abhishek]

Wrong on no negotiations part...

[@UJJAL_UD]

I have negotiated interest rates with HDFC Bank in 2017. I don't think they would have stopped it now.

[@kungfu-ckpanda]

Smjhana toh tha ki akhir flat or reducing interest rate mein kya antar hai?Ab or confuse kar diya.

[@rajeshchetla9929]

Same here

[@yogeshchavan3554]

reducing me apka remaining monthly amount jaise kam hoga monthly apka interest kam huye amount pe lgta hai but flat pe apka interest total duration pe total amount pe pehlesi laga dete hai monthly pay karna hai

[@DugguCutebaby]

Are sacchhii.....super information Diya hai tumne ... Can you please share calculation please?

[@SHUBHAMSHARMA-jc8sl]

I worked in Fintech Company around 2.5years, not 17%, Let me tell.. Formula : Flat Rate = (Reducing Rate÷ 2) + 1 And Reducing Rate = (Flat Rate - 1) × 2 Ex :- If Flat Interest Rate is 10%, What is Reducing Rate.. Reducing Rate = (10% - 1)×2 = 9 × 2 = 18%

[@buland_aavaj1130]

Why I am addicted to these finance shorts of different ytubers even though I am in 11th . Not even major 😅

[@SANAMDEEP35]

I am even addicted and I am in class 8th

[@SanjaySahu-yg3ky]

Flat rates reducing balance rate pr hi lgta hai kisi bhi Bank se lo😐

[@krav35rr11]

Thanks for making...... Expecting more videos like

[@surajghagare1667]

Pr kaise 17 hua aapne toh bataya hi nhi, hum finance background wale nhi hai mam plz thoda detail me samjhaiye....

[@simrandeepsaini3212]

Maan le bhai tune 5 lakh ka loan lia thik hai or 1 saal baad 2.5 lakh pay kr diaa Ab next year aapko sirf 2.5 lakh par hi interst lgega floating main Or flat main 5 ke 5 lakh par hi lgega chahe aapka loan 10 hjar hi pending kyu na ho still you have pay interset on 5 lakjs

[@abhishekbhattacharjee5931]

@@simrandeepsaini3212 thanks

[@dablu13]

Floating matlab jab interest rate ghatega to aapka interest rate bhi ghatega, , interest rate badhega to to aapka bhi badhega.

[@rajatgoel4691]

@@simrandeepsaini3212 Thanks

[@simrandeepsaini3212]

Welcome

[@rapsayush3990]

Mujhe toh abhi bhi kuch palle nhi pada 😂😂

[@vinodaurgol9329]

Thank you,this content really helped me a lot

[@simrandeepsaini3212]

Fact - Never Do That Outer From Screen branch manager khdda hoga or dee "reptaa"

[@ajiitchaudhari5083]

NAVI finance ne script de dia and madam ne bina soche samjhe ratt k suna dia.... Great..!!!

[@shoaibkhan5193]

Love you ma'am ❤️ Aapka knowledge to kamal ka hai Very Helpful ☺️

[@dixitashwani9]

Thanks for endorsing Navi. I was looking forward to a loan from them :-D

[@okkhizar2733]

Hello ma'am mujhe personally aapka content bahut acchha lagta hai, #Bekafiyatians

[@234saahil]

Could you please elaborate it more in next video 😬

[@deepjyoti6527]

Don't think she can.. She'll have to learn about how credit works.. 🤣

[@rupeshgawde4302]

Good one. I've negotiated with bank on the same issue and got personal loan at 14% reducing in Diwali

[@shubhampanwar3662]

Ise kuch v nhi pta bank ka 😂😂😂 Kuch log samjhte hain unhe sari field ki knowledge hai Content k naam pe kuch v

[@Kat_12355]

Kachra faila rhe😂

[@Mumb_rishuk]

Bhai tm sahi btado phir

[@shubhampanwar3662]

@@Mumb_rishuk loan sanction letter milta hai loan se phle usme saari T&C rhti hai . Aur kuch PSU mein to 9 % bhi hai wo v reducing. Customer ko bewakoof nhi bnaya jata wo customer hi bewakoof hota hai jo sanction letter nhi padta .

[@PureNationalist-f5x]

So far my favorite channel

[@hakuna_matata_007]

Iss didi ka video kuch savage wala, I love her videos ❤️

[@prashantkamble4330]

You and your information, both are awesome

[@princepatel2157]

Loan lene vaale ko to jaha se mil jaaye vahi badi baat hai😀😀

[@quantbooster3584]

Most of the government bank rate of interest is reducing balance. Please kindly share the demerits of taking loan from fintech apps.

[@RafiqKhan-qx1ck]

Even I got 13% fixed from icici on urgently on this they charged me 17800 for processing fee and insurance, I am end up paying 6 lac for loan of 4lac. This is first and last loan of my life, please say no to loan. Try to survive whatever we have try to increase income and decrease expenses

[@garvitsingla3092]

🔥🔥🔥🔥🔥 I really appreciate your knowledge about these things... After watching your videos, I feel like I am being scamed at every single place .

[@mohitrocks55]

Mene aj tk kisi loan banker ko Superman ki cap pehen k loan bechte nahi dekha 🤣🤣🤣🤣🤣🤣

[@ALOKTRIPATHICH]

Excuse... * SBI: Counter 4 pe jaao at Counter 4 , Excuse me - bhai mai security guard hu

[@zorbathebuddha369]

लोन के लिए कंपनी से नहीं बैंक से बात करी जाती है!😀😀😀

[@MsJay7861]

Plz make full video on this topic for better clarification

[@shafi8649]

I really like your videos. I appreciate your efforts to educate people. Please don't stop ever and thank you verymuch for making these awareness videos🙏

[@ankultd2593]

Technically 10% flat = 18% reducing

[@jokeymunda]

Ending is too funny

[@sanjit666]

Storyline is good. But further explanation was expected.

[@bollywood_mafia]

Good bhukkad bhanu..

[@adilbunny2748]

Last Wale tho super tha

[@pratikgandhi17]

Personal loan in Big banks .....has no negotiations..they have fixed mathamatics

[@kunjpatel9036]

😎Moj kadi😎😎 Didi, aapne to Last me

[@akshaymeshram1666]

plz.. इसपर पुरा व्हिडिओ बाणाईये 🙏🏼🙏🏼🙏🏼

[@ankitagarwal5118]

Aapki videos se sach batau toh koi faydha hota h nehi.. Bring it on reality plz.. Ya fir comedy videos he banalo🙂

[@iamsandeeppal]

🤣🤣🤣 sahi me bhai reality kuch or hi hoti hai ye sb theoretically btati hai bss

[@bhaveshsangtani]

Ha Bhai ab unsubscribe kr rha hu m isse

[@gamewalaboy7866]

itna sach bhi nahi bolna tha 😂😂

[@Omkarsagare184]

Awesome information. Thanks! BTW “Saas Bahu Achar pvt ltd” mein aap hi thi kya?

[@arewe0103]

Most private banks charge flat rate or even tell monthly rate just to6show lower rate of interest but almost all Govt banks charge floating or fixed rate which is reducing in nature hence is actually quite cost efficient but sounds more in the paper

[@niyazbagwan5293]

Disclaimer- don't try this at your real life

[@Entertainment-RHDxx]

U r giving insider facts it's good But it is implement

[@rajlovinglife]

I am only revisiting this short again and again,for the last few seconds one two three...

[@saurabhgaikwad7204]

Pls make detail video on this

[@mihirmehta1658]

Also share where it is mentioned in the documents. Bank and their employees say something and sell something. If you can guide people how it is mentioned on the documents, that would be great as well. RGDS Mihir

[@prabhakardutta4310]

How, Can you share the calculation

[@SHUBHAMSHARMA-jc8sl]

I worked in Fintech Company around 2.5years, Let me tell.. Formula : Flat Rate = (Reducing Rate÷ 2) + 1 And Reducing Rate = (Flat Rate - 1) × 2 Ex :- If Flat Interest Rate is 10%, What is Reducing Rate.. Reducing Rate = (10% - 1)×2 = 9 × 2 = 18%

[@rahnumabano2084]

Kyuki bank bolta hai ki education loan maaf nhi krti hai sarkar or iska byaz bhi jayda hai , bhut tention hai please iske bare mai koi information de

[@saurabh40153]

In Government Banks there is no bargaining in Retail loans.

[@vishalt4740]

Negotiations for int rate possible from my personal exp ! Just have basic knowledge & good credit score !

[@techyashis]

Name of the song and link pls..at the last ..

[@Funny_Commander]

Bekifaiti be like:-Nahi humko math aata hai

[@sunilkumargupta8080]

Make a one video about IDFC easy card

[@utkarshkumar7244]

The last few seconds 😂

[@monikasati2182]

Last main yeh dance bada mast h🤩

[@princes6697]

ये 2000 मॉडल के बाद पैदा होने वाले किसी और ही दुनिया में जीते है । इन्हें कभी सरकारी बैंक में बैठने का सौभाग्य नही प्राप्त हुआ

[@turntoallahbeforeyouturnto1589]

Thanks for sharing this

[@fungames652]

How many people's know that she worked in Kabir Singh 😁

[@anupvpawar]

Mostly aisa nhi hota agar Hua to 5,00,000*10% =50000 x5year =250000 +500000 =750000 /(5*12) =12500

[@aryasinghsoam2556]

Ma'am Mera tiny bank account hai Usme 1 lakh 1hundred 26 rupees but ab withdrawal nahi ho pa Raha Mena branch m contact Kiya but unhono bola money kabhi nahi niklenga

[@mrmirza7865]

Mujhe apni shirt me spy camera install krna pdega .😂

[@Shreedharrm]

Bank works is to give to loan not calculation of interest rate banks running for business

[@SHUBHAMSHARMA-jc8sl]

Puri baat bataya kariye Madam, Aapne Calculation to bataya hi nahi.. I worked in Fintech Company around 2.5years, Let me tell.. Flat Rate = (Reducing Rate÷ 2) + 1 Reducing Rate = (Flat Rate - 1) × 2 Ex :- If Flat Interest Rate is 10% Reducing Rate = (10% - 1)×2 = 9 × 2 = 18%

[@saurabhgurav6015]

Please long video on such type of information

[@Griffinatus]

U need to go to SBI & ask fr a loan. Will be an eye opener fr u.

[@azkabangamer-thegamingsoul2335]

Last one is epic

[@saketsourabh0411]

U make amazing videos .

[@pragyapandey6843]

Biology stream student be like kya haj ye kyu hai ye 🤣

[@rahnumabano2084]

Kiya aap education loan ke bare main bata skti hai , allhabad bank ka

[@alley_story_]

Hum to sirf apko dekne ke liye hi apka video dekte hai🤧😄

[@arif_ullah.4679]

Didi recommend sharia complaint investment and banking in india.....

[@chetan4982]

You should do this live so that we can actually see if it works

[@Harshil_Talati]

last one OP 🤩😘 Nd U Also🤪

[@anishprasad8017]

This was something new , we have to check Bank loan is with flat/reducing rate of interest .

[@Siddhantdas1122]

Can you please make a video on student loan

[@BasantaRamGhosh]

Good 👍

[@hardeepkaur8577]

Make a video ki 10 percent flat 17 percent kaise hua plz

[@ultragiant4624]

Can you please Suggest me about Educational Loans

[@rahulbhalia225]

Upload a full video on this Topic

[@shrehalbohra6731]

I want the link to the last kids dancing video

[@rajlovinglife]

Same here and the jingle music 🎶one two three.... Time and again I am revisiting this short s for that only...

[@UPseHai]

Ji madam... Jb aap loan lene aaogi... To hum 17 percent interest lenge... Aur jb Aap FD karaogi to 6 Percent..denge..... Apki sewa mai hamesa...lootne k liye tatpar

[@gauravsilverr]

End was good 👍🏻

[@ashwin9823]

Nice nice.. could you explain reducing balance

[@Khatu_shyam_baba_live]

Please Tell about opening current account

[@muhammadumer5349]

Banker be like: ye kon hmari scheme leak kr rha h.

[@vishnuthakur837]

If u need personal loan make sure u have good salary or good company which is listed on there categories list and never take insurance for personal loan that's is also scam..if they force u then denied it.

[@bankerayushigupta4132]

Bilkul aisehi smjhate h kaash apki video phle dekh li hoti

[@chhotusonwane1576]

मुझे एक बात आपको बतानी है तो अगर हमारे खाते में ज्यादा पैसे आ गया हो और वह पैसा हमने उसे निकाल कर खर्च कर दिए तो क्या होगा

[@rahulluckyboy3237]

Last seen is Epic. Make me smile ☺️

[@okkhizar2733]

Recently my dad has taken 5 lac insta jumbo loan on his HDFC regalia credit card for 5 yr tenure, so my question is how to take insurance on it if something happens

[@naturesky7925]

Flat & reducing balance rate

[@sodalgaming3094]

Bike loan ke bare me short bana do. Private finance or Bank loan

[@kamleshkumarmandal6962]

Need more details to understand this topic

[@saquibkhan6007]

Lunch time hai baad mein aana🤣

[@aveshvhora9145]

GOOD WORK 👍

[@kkb299]

Bank vala bhaga dega 😅

[@strikersoccer9535]

Gadi loan ke liye zero interest kuch hoga ya kitna interest lagega?