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Last updated on: June 25, 2025
Business Loans are the type of financing offered to businesses to fund their operations, for expansion, and for other financial needs. These loans are typically offered by banks and NBFCs and the repayment terms depend on the policies of individual owners
A Business Loan EMI Calculator is an online tool that helps businesses determine the monthly repayment amount they need to pay towards the business loan availed. It takes into account factors such as the loan amount, interest rate, and loan tenure for calculating the exact amount
EMI = [P x r x (1+r)^n] / [(1+r)^n-1]
In this formula-
EMI = Equated Monthly Installment
P = The Principal Amount
r = Monthly Interest Rate (Annual Interest Rate / 12)
n = The Tenure of Loan
Example
For a loan amount of ₹10,00,000 at an interest rate of 16.0% for 7 years, the EMI will be approximately ₹19,862.06
1. Can I use the Business Loan EMI Calculator for different loan amounts and tenures?
Yes, the calculator is flexible and allows you to input various loan amounts and tenure
2. Does the calculator consider the impact of processing fees or other charges?
No, the Business Loan EMI Calculator does not take into account any other charges other than what’s provided
3. Can I use the calculator for both secured and unsecured business loans?
Yes, the calculator can be used for both secured and unsecured business loans, as the calculation for all types of business loan remain the same whether its secured or unsecured
4. How accurate are the EMI calculations provided by the calculator?
The calculator provides the exact EMI based on the inputs provided. However, you have to remember it does not take into account processing fee or other charges, so, there might be a slight variation for few months
5. Can I use the calculator to calculate the total interest payable on the business loan?
Yes, the business loan EMI calculator provides the total payable interest on the business loan as a separate field
Written by Prem Anand, a content writer with over 10+ years of experience in the Banking, Financial Services, and Insurance sectors.
Prem Anand is a seasoned content writer with over 10+ years of experience in the Banking, Financial Services, and Insurance sectors. He has a strong command of industry-specific language and compliance regulations. He specializes in writing insightful blog posts, detailed articles, and content that educates and engages the Indian audience.
The content is prepared by thoroughly researching multiple trustworthy sources such as official websites, financial portals, customer reviews, policy documents and IRDAI guidelines. The goal is to bring accurate and reader-friendly insights.
This content is created to help readers make informed decisions. It aims to simplify complex insurance and finance topics so that you can understand your options clearly and take the right steps with confidence. Every article is written keeping transparency, clarity, and trust in mind.
Based on Google's Helpful Content System, this article emphasizes user value, transparency, and accuracy. It incorporates principles of E-E-A-T (Experience, Expertise, Authoritativeness, Trustworthiness).
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