Results generated by the calculator(s) are indicative in nature. The interest rate applied on the loan will depend on the prevailing rates at the time of loan booking. The calculator(s) are not intended to provide its users/ customers with results that are either certified by Bajaj Finance Limited (“BFL”) or are an obligation, assurance, warranty, undertaking or commitment, financial and professional advice by BFL, under any circumstances. The calculator(s) are only a tool that assists the users/ customers arrive at results of various illustrative scenarios generated from data input by the user/ customer. The use of the calculator is entirely at the risk of the user/ customer, BFL is not responsible for any reason, for any errors in any outcome resulting from the use of the calculator.

Frequently asked questions

What is an EMI?

Equated monthly instalments (EMI) are a fixed amount, consisting of the principal, and interest accrued on a loan that the borrower needs to pay on a specified date every month.

EMIs reduce the financial burden for small and medium businesses by distributing the loan amount into smaller amounts, payable throughout the entire tenure.

What is a commercial loan EMI calculator?

Before you apply for a commercial loan from Bajaj Finserv, check your monthly payments along with the total amount payable using the online commercial loan EMI calculator. This online tool computes your loan EMIs based on the loan amount and tenure that you choose.

How does the commercial loan EMI calculator work?

This EMI calculator uses a mathematical formula to deduce the commercial loan EMI amount payable by you.

The formula is E = P * R * (1+R)^N / ((1+R)^N-1),

Where E is EMI,
P signifies principal amount,
R stands for rate of interest, and
N stands for the tenure of your loan in months.

How to calculate EMIs using the commercial loan EMI calculator?

Use the Bajaj Finserv online EMI calculator and follow these 3 simple steps to know the EMIs on your commercial loan.

Step 1: Enter the loan amount for which you wish to apply. Bajaj Finserv offers commercial loans of up to Rs. 80 lakh to finance various business expenditures. Choose the amount as per your needs.
Step 2: Enter the applicable rate of interest.
Step 3: Choose the loan tenure that suits your repayment ability.

Once you enter these details, the commercial loan calculator computes the results and shows:

  • Total interest payable: It is the total amount of interest that you need to pay.
  • Total amount payable: It is the total amount, including principal and interest, you will pay.
  • The EMIs: It is the EMI per month that you need to pay towards your commercial loan.
How is this commercial loan EMI calculator beneficial?
  • You can decide on the loan amount to apply for per your eligibility and repayment capacity.
  • The commercial loan calculator helps you to choose an appropriate repayment tenure.
  • Manage your business finances and effortlessly fulfil your short-term monetary needs.

Above all, you can make informed decisions regarding the monthly cash outflow towards your loan repayments using the commercial loan EMI calculator.

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