Bullet repayment (एकमुश्त (बुलेट) चुकौती)
Bullet repayment means you repay the entire principal plus interest in one single payment at the end of the tenure, with no EMIs in between. It is common in very short-term loans and salary advances timed to payday.
Worked example
Borrow ₹20,000 for 45 days at 0.08% per day: interest = ₹720, so one payment of ₹20,720 on day 45 clears the loan (total cost of credit ₹720 plus any fees).