🏦 Loans

Principal

Definition

The original sum of money borrowed in a loan or invested. In a loan context, the principal is the amount you owe excluding interest. Each EMI payment reduces the outstanding principal.

🔗 Related Calculators

🏠Home Loan EMI Calculator

📚 Related Guides

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Complete Home Loan Guide 2026 — Rates, Eligibility & Process🕒 12 min

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Car Loan Tips — How to Get the Best Interest Rate in 2026🕒 8 min

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Personal Loan vs Credit Card EMI — Which is Cheaper?🕒 7 min

Related Terms

EMI →Interest Rate →Reducing Balance Method →Flat Rate →Tenure →CIBIL Score →

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