business loan bajaj

  1. Home
  2. >
  3. Business Loan
  4. >
  5. EMI Calculator

Business Loan EMI Calculator

Quick apply

Just 60 seconds to apply

Please enter your first and last name
Enter 10-digit mobile number
Please enter your Birth date
Please enter valid PAN card number
Please enter your pin code
Enter personal email address

I consent to the T&C and authorize Bajaj Finance Limited, its representatives/business partners/affiliates to use my details for promotional communication/fulfilment of services availed.

Thank you

Loan AmountINR
Rate of InterestPercent

Total Interest Payable


Total Payment (Principle + Interest)


Your EMI will be per month



How does a business loan EMI calculator work?

A business loan EMI calculator helps you know the monthly instalments you have to pay, thereby helping you plan your repayment with ease.

Enter the below on the EMI calculator:

  • Principal (loan amount)
  • Tenor
  • Rate of interest
The calculator uses the following formula:

E = P x r x (1 + r) ^ n / [(1 + r) ^ n - 1]

  • E is the EMI.
  • P is the principal or loan amount.
  • r is the rate of interest (calculated monthly.
  • n is the tenor (calculated monthly).
Check the following example to see how the calculator works:

You have a business loan of Rs. 20 lakh at 12% rate of interest for 4 years. As per the above formula, your EMI will be:
E = 20,00,000 x 12%/12 x (1 + 12%/12) ^ 4 / [(1 + 12%/12) ^ 4 – 1]
E = 52,668
Hence, your EMIs will be Rs. 52,668.


How to calculate your EMI using an unsecured business loans calculator?

A Business Loan EMI Calculator is simple to use. All you need to do is enter the loan amount, tenor (in months) and the rate of interest, and you’re done.

What is a business loan EMI?

You can repay your Business Loan in various ways. One of the easiest methods is to pay your loan through an Equated Monthly Instalment (EMI), where your loan gets divided into equal fixed sums that are paid on a monthly basis until your loan has been fully repaid. An EMI consists of the loan’s principal amount and the interest accrued on it.

This repayment method makes it easy for small businesses that operate on tight cash and want to fund expensive purchases like equipment, plant and machinery, etc. but don’t have enough liquidity to pay up-front for such costs.

What is an EMI calculator for a business loan?

A small business loan calculator helps you calculate your monthly EMIs on your business loan.

This calculator helps you to predetermine the amount need to pay at the end of every month, helping you to opt for a loan amount that matches the short-term plans of your business and thus, facilitating your cash resources planning.

What is the interest rate of a business loan?

Bajaj Finserv offers low Business Loan interest rates, which make your EMIs affordable and help you repay the loan comfortably with lesser chances of defaulting.

The following is the interest and other charges on business loans:

Type of charges Rate
Rate of interest 18% per annum onwards
Processing fees Up to 3% on the principal
Penal interest 2% per month
Bounce charges Up to Rs. 3,000 (Inclusive of taxes)
Document processing fees Rs. 1,449 with applicable taxes
Outstation collection charges Rs. 65 with applicable taxes

How to use a Business Loan EMI calculator?

People Also Considered

Digital Health EMI Network Card

Digital Health EMI Network Card

Get your Digital Health EMI Network Card with 100% cashback

Business Loan for Women People Considered Image

Business Loan for Women

Avail customized loans
Up to Rs. 20 lakh | Minimal documentation

Business Loan People Considered Image

Business Loan

Loan up to Rs. 20 lakh, to help your business grow

Working Capital Loan People Considered Image

Working Capital

Manage operational expenses
Up to Rs. 20 lakh | Flexible tenor options