Credit Cards

Auto Loans

Home Loans

Personal Loan

Fixed Deposits

Savings Accounts

Education Loans

RupeeTimes' financial glossary  A-F |  G-O |  P-V |  W-Z |  1-9 |  Search by category |     Category: Definitions   Penal interest Plinth area Point Of Sale (POS) Power of attorney Pre payment penalty Pre-EMI Prime Lending Rate (PLR) Principal Processing Date Property tax Quantitative Analysis Quarterlies Quick assets Recession Recurring Billing Refinance Charge Refinancing Repayment Repayment Holiday Repo rate Rest Reverse Mortgage Sale deed Simple Interest Stamp duty Statutory Liquidity Ratio (SLR) Stored-value Card Surcharge Tenure of the Loan Time deposit Unsecured loan Variable Interest Rate Repayment The process of returning of the borrowed loan amount. The repayment has to be made for the entire tenure of the loan amount. Based on fixed or floating interest rates on the loan amount, the banks or financial institution decides on an EMI which has to be paid on or before a date mentioned in the loan agreement every month.