Flat vs reducing rate

A flat rate always looks cheaper than it is. These pages convert it to the reducing-balance rate you are actually paying.

50 pages in this section.

• A ₹1 lakh personal loan at 12% flat for 12 months A 12% flat rate on ₹1 lakh over 12 months is the same as paying 21.46% on a reducing balance. The EMI is ₹9,333 and the...
• A ₹1 lakh personal loan at 12% flat for 24 months A 12% flat rate on ₹1 lakh over 24 months is the same as paying 21.57% on a reducing balance. The EMI is ₹5,167 and the...
• A ₹1 lakh personal loan at 12% flat for 36 months A 12% flat rate on ₹1 lakh over 36 months is the same as paying 21.2% on a reducing balance. The EMI is ₹3,778 and the f...
• A ₹1 lakh personal loan at 12% flat for 48 months A 12% flat rate on ₹1 lakh over 48 months is the same as paying 20.75% on a reducing balance. The EMI is ₹3,083 and the...
• A ₹1 lakh personal loan at 12% flat for 60 months A 12% flat rate on ₹1 lakh over 60 months is the same as paying 20.31% on a reducing balance. The EMI is ₹2,667 and the...
• A ₹2 lakh personal loan at 12% flat for 12 months A 12% flat rate on ₹2 lakh over 12 months is the same as paying 21.46% on a reducing balance. The EMI is ₹18,667 and the...
• A ₹2 lakh personal loan at 12% flat for 24 months A 12% flat rate on ₹2 lakh over 24 months is the same as paying 21.57% on a reducing balance. The EMI is ₹10,333 and the...
• A ₹2 lakh personal loan at 12% flat for 36 months A 12% flat rate on ₹2 lakh over 36 months is the same as paying 21.2% on a reducing balance. The EMI is ₹7,556 and the f...
• A ₹2 lakh personal loan at 12% flat for 48 months A 12% flat rate on ₹2 lakh over 48 months is the same as paying 20.75% on a reducing balance. The EMI is ₹6,167 and the...
• A ₹2 lakh personal loan at 12% flat for 60 months A 12% flat rate on ₹2 lakh over 60 months is the same as paying 20.31% on a reducing balance. The EMI is ₹5,333 and the...
• A ₹3 lakh personal loan at 12% flat for 12 months A 12% flat rate on ₹3 lakh over 12 months is the same as paying 21.46% on a reducing balance. The EMI is ₹28,000 and the...
• A ₹3 lakh personal loan at 12% flat for 24 months A 12% flat rate on ₹3 lakh over 24 months is the same as paying 21.57% on a reducing balance. The EMI is ₹15,500 and the...
• A ₹3 lakh personal loan at 12% flat for 36 months A 12% flat rate on ₹3 lakh over 36 months is the same as paying 21.2% on a reducing balance. The EMI is ₹11,333 and the...
• A ₹3 lakh personal loan at 12% flat for 48 months A 12% flat rate on ₹3 lakh over 48 months is the same as paying 20.75% on a reducing balance. The EMI is ₹9,250 and the...
• A ₹3 lakh personal loan at 12% flat for 60 months A 12% flat rate on ₹3 lakh over 60 months is the same as paying 20.31% on a reducing balance. The EMI is ₹8,000 and the...
• A ₹5 lakh personal loan at 12% flat for 12 months A 12% flat rate on ₹5 lakh over 12 months is the same as paying 21.46% on a reducing balance. The EMI is ₹46,667 and the...
• A ₹5 lakh personal loan at 12% flat for 24 months A 12% flat rate on ₹5 lakh over 24 months is the same as paying 21.57% on a reducing balance. The EMI is ₹25,833 and the...
• A ₹5 lakh personal loan at 12% flat for 36 months A 12% flat rate on ₹5 lakh over 36 months is the same as paying 21.2% on a reducing balance. The EMI is ₹18,889 and the...
• A ₹5 lakh personal loan at 12% flat for 48 months A 12% flat rate on ₹5 lakh over 48 months is the same as paying 20.75% on a reducing balance. The EMI is ₹15,417 and the...
• A ₹5 lakh personal loan at 12% flat for 60 months A 12% flat rate on ₹5 lakh over 60 months is the same as paying 20.31% on a reducing balance. The EMI is ₹13,333 and the...
• A ₹10 lakh personal loan at 12% flat for 12 months A 12% flat rate on ₹10 lakh over 12 months is the same as paying 21.46% on a reducing balance. The EMI is ₹93,333 and th...
• A ₹10 lakh personal loan at 12% flat for 24 months A 12% flat rate on ₹10 lakh over 24 months is the same as paying 21.57% on a reducing balance. The EMI is ₹51,667 and th...
• A ₹10 lakh personal loan at 12% flat for 36 months A 12% flat rate on ₹10 lakh over 36 months is the same as paying 21.2% on a reducing balance. The EMI is ₹37,778 and the...
• A ₹10 lakh personal loan at 12% flat for 48 months A 12% flat rate on ₹10 lakh over 48 months is the same as paying 20.75% on a reducing balance. The EMI is ₹30,833 and th...
• A ₹10 lakh personal loan at 12% flat for 60 months A 12% flat rate on ₹10 lakh over 60 months is the same as paying 20.31% on a reducing balance. The EMI is ₹26,667 and th...
• A ₹1 lakh consumer durable loan at 9% flat for 12 months A 9% flat rate on ₹1 lakh over 12 months is the same as paying 16.22% on a reducing balance. The EMI is ₹9,083 and the f...
• A ₹1 lakh consumer durable loan at 9% flat for 24 months A 9% flat rate on ₹1 lakh over 24 months is the same as paying 16.43% on a reducing balance. The EMI is ₹4,917 and the f...
• A ₹1 lakh consumer durable loan at 9% flat for 36 months A 9% flat rate on ₹1 lakh over 36 months is the same as paying 16.24% on a reducing balance. The EMI is ₹3,528 and the f...
• A ₹1 lakh consumer durable loan at 9% flat for 48 months A 9% flat rate on ₹1 lakh over 48 months is the same as paying 15.99% on a reducing balance. The EMI is ₹2,833 and the f...
• A ₹1 lakh consumer durable loan at 9% flat for 60 months A 9% flat rate on ₹1 lakh over 60 months is the same as paying 15.71% on a reducing balance. The EMI is ₹2,417 and the f...
• A ₹2 lakh consumer durable loan at 9% flat for 12 months A 9% flat rate on ₹2 lakh over 12 months is the same as paying 16.22% on a reducing balance. The EMI is ₹18,167 and the...
• A ₹2 lakh consumer durable loan at 9% flat for 24 months A 9% flat rate on ₹2 lakh over 24 months is the same as paying 16.43% on a reducing balance. The EMI is ₹9,833 and the f...
• A ₹2 lakh consumer durable loan at 9% flat for 36 months A 9% flat rate on ₹2 lakh over 36 months is the same as paying 16.24% on a reducing balance. The EMI is ₹7,056 and the f...
• A ₹2 lakh consumer durable loan at 9% flat for 48 months A 9% flat rate on ₹2 lakh over 48 months is the same as paying 15.99% on a reducing balance. The EMI is ₹5,667 and the f...
• A ₹2 lakh consumer durable loan at 9% flat for 60 months A 9% flat rate on ₹2 lakh over 60 months is the same as paying 15.71% on a reducing balance. The EMI is ₹4,833 and the f...
• A ₹3 lakh consumer durable loan at 9% flat for 12 months A 9% flat rate on ₹3 lakh over 12 months is the same as paying 16.22% on a reducing balance. The EMI is ₹27,250 and the...
• A ₹3 lakh consumer durable loan at 9% flat for 24 months A 9% flat rate on ₹3 lakh over 24 months is the same as paying 16.43% on a reducing balance. The EMI is ₹14,750 and the...
• A ₹3 lakh consumer durable loan at 9% flat for 36 months A 9% flat rate on ₹3 lakh over 36 months is the same as paying 16.24% on a reducing balance. The EMI is ₹10,583 and the...
• A ₹3 lakh consumer durable loan at 9% flat for 48 months A 9% flat rate on ₹3 lakh over 48 months is the same as paying 15.99% on a reducing balance. The EMI is ₹8,500 and the f...
• A ₹3 lakh consumer durable loan at 9% flat for 60 months A 9% flat rate on ₹3 lakh over 60 months is the same as paying 15.71% on a reducing balance. The EMI is ₹7,250 and the f...
• A ₹5 lakh consumer durable loan at 9% flat for 12 months A 9% flat rate on ₹5 lakh over 12 months is the same as paying 16.22% on a reducing balance. The EMI is ₹45,417 and the...
• A ₹5 lakh consumer durable loan at 9% flat for 24 months A 9% flat rate on ₹5 lakh over 24 months is the same as paying 16.43% on a reducing balance. The EMI is ₹24,583 and the...
• A ₹5 lakh consumer durable loan at 9% flat for 36 months A 9% flat rate on ₹5 lakh over 36 months is the same as paying 16.24% on a reducing balance. The EMI is ₹17,639 and the...
• A ₹5 lakh consumer durable loan at 9% flat for 48 months A 9% flat rate on ₹5 lakh over 48 months is the same as paying 15.99% on a reducing balance. The EMI is ₹14,167 and the...
• A ₹5 lakh consumer durable loan at 9% flat for 60 months A 9% flat rate on ₹5 lakh over 60 months is the same as paying 15.71% on a reducing balance. The EMI is ₹12,083 and the...
• A ₹10 lakh consumer durable loan at 9% flat for 12 months A 9% flat rate on ₹10 lakh over 12 months is the same as paying 16.22% on a reducing balance. The EMI is ₹90,833 and the...
• A ₹10 lakh consumer durable loan at 9% flat for 24 months A 9% flat rate on ₹10 lakh over 24 months is the same as paying 16.43% on a reducing balance. The EMI is ₹49,167 and the...
• A ₹10 lakh consumer durable loan at 9% flat for 36 months A 9% flat rate on ₹10 lakh over 36 months is the same as paying 16.24% on a reducing balance. The EMI is ₹35,278 and the...
• A ₹10 lakh consumer durable loan at 9% flat for 48 months A 9% flat rate on ₹10 lakh over 48 months is the same as paying 15.99% on a reducing balance. The EMI is ₹28,333 and the...
• A ₹10 lakh consumer durable loan at 9% flat for 60 months A 9% flat rate on ₹10 lakh over 60 months is the same as paying 15.71% on a reducing balance. The EMI is ₹24,167 and the...