Machinery Loan EMI calculator: Simplifying financial planning

Efficiently plan machinery financing with accuracy using our EMI calculator. Boost your business financial planning today.

Advantages of using machinery loan EMI calculator:

The machinery Loan EMI calculator is a valuable tool that streamlines the process of financing industrial equipment.

  1. Financial clarity: Easily determine monthly instalments, aiding budgeting and cash flow management.
  2. Quick comparisons: Evaluate multiple loan options swiftly, optimising cost-effectiveness.
  3. Future projection: Plan for long-term financial commitments, foreseeing obligations over the loan tenure.

EMI formula for machinery loan

Here is the formula for calculating your EMI:

E = P * r * (1 + r)^n / ((1 + r)^n - 1)

  • E is the equated monthly instalments
  • P is the principal amount
  • r is the monthly interest rate
  • n is the loan tenure in months

The machinery Loan EMI calculator employs this formula efficiently, providing accuracy, and convenience for borrowers.


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 a machinery loan EMI?

Bajaj Finance gives you a hassle-free machinery loan to buy new equipment, boosting your business efficiency. Your machinery loan EMI stays the same every month, making repayment simple. It is like paying in small bits throughout the loan term, making it easy to manage.

An EMI is like a steady payment that covers both the loan amount and the added interest. It is a smart way to pay back the whole loan, including interest, without putting too much pressure on your budget.

You can now calculate your EMIs easily using the machinery finance calculator before applying for the loan.

What is a machinery loan EMI calculator?

A machinery loan EMI calculator is a handy online tool that helps you figure out how much you will need to pay each month for your machinery loan. Just choose the loan amount, interest rate, and tenure, and it gives you an estimate of your monthly payments.

What are the benefits of using a machinery loan calculator?

Below are the benefits of using this machinery loan calculator.

  • A prior estimate of an EMI helps you apply for a loan amount that suits your repayment capacity.
  • It helps you to select your loan tenure and manage your finances better.
  • It also aids a business in managing its cash flow better and meets every short-term monetary need with ease.

How does the equipment finance calculator work?

You need to enter the following information into the machinery loan calculator to know your EMIs.

  • The total loan amount that you need.
  • The rate of interest
  • The tenure of the loan

It computes the EMIs according to the following formula:
E = P * r * (1+r)^n / ((1+r)^n-1)


  • E is the EMIs
  • P is the principal amount
  • r is the rate of interest per month
  • n is the loan tenure in months.

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