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Business Loan EMI Calculator

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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 up to 84 months).
Check the following example to see how the calculator works:

You have a business loan of Rs.45 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 loan 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 a tight budget and want to fund expensive purchases like equipment, inventory, 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 on 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.

Here are the interest rate and other charges on business loans:

Business Loan Interest Rate in India
Types of Fees Applicable Charges
Rate of interest 18% p.a. onwards
Processing fees Up to 2% of the loan amount (plus applicable taxes)

Statement of Account/ Repayment Schedule/Foreclosure Letter/No Dues Certificate/Interest Certificate/List of documents
Download your e-statements/letters/certificates at no extra cost by logging into Customer Portal – Experia.
You can get a physical copy of your statements/letters/certificates/List of Documents from any of our branches at a charge of Rs. 50/- (Inclusive of taxes) per statement/letter/certificate.
Bounce charges Up to Rs. 3000 (Inclusive of applicable taxes)
Penal interest (Applicable in case of non-payment of monthly Instalment on/before the Due - Date) 2% per month
Document processing charges (Recently Updated) Rs. 2000 + applicable taxes

How to use a Business Loan EMI calculator?

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