How to apply mudra loan

  1. Home
  2. >
  3. Business Loan
  4. >
  5. How to calculate interest on Working Capital Loans

How to calculate interest on Working Capital Loans?

Quick Apply

Just 60 seconds to apply

Please enter your full name as per PAN
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

How to calculate interest on Working Capital Loans?

Before you understand how to calculate interest on working capital loans, it is imperative understand the following factors before you apply for a working capital loan.
1. The purpose for which the loan is taken
2. The size and scale of your business
3. Duration of the loan
The general rates of interest on a working capital loan are considerably high, as these loans do not have any collateral attached to them, and they mostly have a short repayment tenor.
Subsequently while considering how to calculate interest on a working capital loan, the principal amount for the entire loan tenor needs to be taken into consideration.
Bajaj Finserv offers Working Capital Loans up to Rs.45 lakh at interest rates starting from as low as 18% that can be repaid conveniently in EMIs stretching up to 60 months. Such loans not only give you large capital to manage short-term business expenses but also offer added benefits like online account facility, special pre-approved offers and more. Further, you can avail these loans in just 24 hours by submitting only 2 documents.

People Also Considered

Machinery Loan

Machinery Loan

Get up to Rs.45 lakh to upgrade equipment | Pay only interest as EMI

Flexi Business Loan

Flexi Loan Conversion

Convert your existing loan | Pay lower EMIs by up to 45%*

Working Capital Loan People Considered Image

Working Capital Loan

Get up to Rs.45 lakh to manage operations | Flexible tenor options

Business Loan for Women People Considered Image

Business Loan for Women

Get funds up to Rs.45 lakh | Minimal documentation