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Business Loan Part Pre-Payment Calculator

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Loan AmountINR
TenorMonths
Rate of InterestPercent
The amount needs to be minmum 3 times your EMI
Amount INR

Your EMI will be Rs.1,00,083 per month

 

Revised EMI

Rs.9,157

Savings in EMI

Rs.1,018

EMI Saved

10.00%

Revised Tenor

1 Months

Repayment Schedule

  • 1
  • Feb
  • Rs. 9000
  • Rs.157
  • Rs. 9000
  • Rs. 9157

What is part pre-payment of a business loan?

Part pre-payment is a facility that helps you to pay a ‘part’ of your Bajaj Finserv Business Loan. To part prepay your business loan, you need to pay 3 or more than 3 EMIs in advance before its due date. Although it is mandatory that your pre-paid amount must be equal to 3 EMIs, there is no maximum limit set for the same.

What is a part pre-payment business loan calculator?

Bajaj Finserv Part Pre-Payment Business Loan Calculator is an online tool that helps you to calculate the EMIs and loan period that is remaining after prepaying a certain part of the loan. You can also calculate the new EMI and tenor after making a part prepayment.

How to use the Bajaj Finserv Part Pre-Payment Calculator?

It is very easy to use Bajaj Finserv Part Pre-Payment Calculator as you simply need to enter the following details into the business loan part pre-payment calculator:

  • Enter the original loan amount, tenor, IRR and total number of EMIs paid
  • Enter the part prepayment amount. (Minimum 3 times the EMI amount)

The calculator will automatically tell the savings you will make in case EMI is reduced or tenor is reduced.

Who can use the Bajaj Finserv Part Pre-Payment Calculator?

The Bajaj Finserv Part Pre-Payment Calculator is easy to use and customers who are looking to part prepay their loan can use it anytime to calculate the EMI and loan period that is remaining after prepaying a certain part of the loan.




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