Business Loan EMI Calculator
బిజినెస్ లోన్ ఈఎంఐ కాలిక్యులేటర్
Business loan EMI calculator: the EMI and total interest of a business, MSME or Mudra loan, with the year-wise schedule.
బిజినెస్, ఎంఎస్ఎంఈ, ముద్ర లోన్ ఈఎంఐ, మొత్తం వడ్డీ, ఏడాదివారీ చెల్లింపు పట్టిక.
Your result
Monthly EMI నెలవారీ వాయిదా
23.27 thousand rupees a month
- Principalఅసలు
- ₹10,00,000
- Total interestమొత్తం వడ్డీ
- ₹3,96,095
- Total paymentమొత్తం చెల్లింపు
- ₹13,96,095
Year by year ఏడాదివారీగా
- Principal
- Interest
Use the left and right arrow keys to read each year; the table below lists every value.
Show the year-by-year table
| Year | Principal | Interest | Balance |
|---|---|---|---|
| 1 | ₹1,48,509 | ₹1,30,710 | ₹8,51,491 |
| 2 | ₹1,70,688 | ₹1,08,531 | ₹6,80,804 |
| 3 | ₹1,96,178 | ₹83,041 | ₹4,84,625 |
| 4 | ₹2,25,476 | ₹53,743 | ₹2,59,149 |
| 5 | ₹2,59,149 | ₹20,070 | ₹0 |
Last updated : an example interest rate of 14% a year. These are examples: check your lender's current rate and charges before you borrow.
How to calculate a business loan EMI
From three figures: the loan amount, the yearly interest rate and the tenure. Lenders charge interest each month on the balance still owed (reducing balance), so the EMI stays the same while the interest in it falls. With a loan amount P, a monthly rate r (yearly rate ÷ 12 ÷ 100) and n monthly instalments:
EMI = P × r × (1 + r) n ÷ ((1 + r) n − 1)
Example: a business loan of ₹10,00,000 at 14% for 5 years is an EMI of ₹23,268. You pay ₹3,96,095 in interest, ₹13,96,095 in all. The rate is an example: yours depends on the lender and your credit score.
Business loan EMI for ₹10 lakh, ₹50 lakh and ₹1 crore
At 14% a year, the EMI on a business loan of ₹10 lakh over 5 years is ₹23,268; on ₹50 lakh, ₹1,16,341. EMIs at that example rate (type yours above):
| Loan | 3 years | 5 years | 7 years |
|---|---|---|---|
| ₹5 lakh | ₹17,089 | ₹11,634 | ₹9,370 |
| ₹10 lakh | ₹34,178 | ₹23,268 | ₹18,740 |
| ₹20 lakh | ₹68,355 | ₹46,537 | ₹37,480 |
| ₹50 lakh | ₹1,70,888 | ₹1,16,341 | ₹93,700 |
| ₹1 crore | ₹3,41,776 | ₹2,32,683 | ₹1,87,400 |
Rate quoted in rupees (రూపాయి వడ్డీ)? ₹1 per ₹100 a month is 12% a year, 1 rupee 50 paise is 18%, ₹2 is 24%: choose "₹ per ₹100 a month" above and type it as it was told to you. The simple interest calculator has more on rupee interest.
Good to know
- Rates vary widely with the business's track record, turnover and security, from about 9% secured to well over 15% unsecured.
- Small businesses can get collateral-free loans backed by the government's credit guarantee scheme for micro and small enterprises (CGTMSE); ask your bank.
- Add the processing fee and any foreclosure charge when you compare offers.
ముద్ర లోన్, బిజినెస్ లోన్ ఈఎంఐ
ముద్ర లోన్ కూడా ఈఎంఐలతో తీర్చే వ్యాపార రుణమే: బ్యాంకు చెప్పిన వడ్డీ రేటు, కాలం పైన ఇస్తే ఈఎంఐ, మొత్తం వడ్డీ తెలుస్తాయి. ఉదాహరణకు 14% వడ్డీతో ₹10 లక్షల రుణానికి 5 ఏళ్లకు నెలకు ₹23,268.
Questions
How is a Mudra loan EMI calculated?
Like any business term loan: type the amount, the rate your bank quotes and the tenure above. A cash credit or overdraft limit works differently: interest is charged only on the amount drawn, for the days it is drawn, and there is no EMI.
Is a business loan rate flat or reducing?
Banks quote a reducing rate. Some lenders quote a flat rate, which costs far more at the same number: convert it with the flat interest rate calculator before you compare.
Does a longer tenure save money?
No. A longer tenure lowers the EMI but raises the total interest. On the example, 7 years instead of 5 brings the EMI down to ₹18,740 but adds ₹1,78,066 of interest. Pick the shortest tenure whose EMI you can pay comfortably.
Can I pay the loan off early?
On floating-rate loans to individuals, RBI does not allow prepayment charges in most cases (some business loans are exceptions). Fixed-rate loans may carry them: check your loan agreement. The prepayment calculator shows the interest a part payment saves on any loan repaid in EMIs.
What next? తర్వాత ఏం చూడాలి
See all calculators →Results are estimates for planning, at the rates you enter. Check exact figures with your bank, fund house or tax adviser before you decide.
