Interest quoted on original principal
Flat rate
A quoting method where interest may be calculated on the original loan amount for the full tenure—often looking lower than the equivalent reducing rate. Always compare effective cost.
In simple terms
A quoting method where interest may be calculated on the original loan amount for the full tenure—often looking lower than the equivalent reducing rate. Always compare effective cost. Use the related calculators below to see the idea in numbers — results are illustrative, not advice.
Related terms
Sources & methodology
- Verify definitions against official scheme / tax documents — terms and rates can change by notification
- Aaru Wealth Methodology
Always verify current rates, slabs and scheme rules on official portals. Calculator outputs are illustrative estimates.