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Business loan EMI calculator.
Planning a term loan, a MUDRA loan or a machine loan? See the monthly instalment, the total interest and how the balance falls year by year.
The loan
A year, as quoted by the bank.
Worked out in your browser. Nothing you type here is saved or sent to us.
Monthly EMI
₹21,742
60 instalments
Total interest
₹3,04,545
23% of what you repay
Total repayment
₹13,04,545
Principal and interest
Year by year
- Year 1Principal ₹1,58,755 · interest ₹1,02,154
- ₹8,41,245 left
- Year 2Principal ₹1,77,126 · interest ₹83,783
- ₹6,64,120 left
- Year 3Principal ₹1,97,622 · interest ₹63,287
- ₹4,66,497 left
- Year 4Principal ₹2,20,491 · interest ₹40,418
- ₹2,46,006 left
- Year 5Principal ₹2,46,006 · interest ₹14,903
- ₹0 left
How it is worked out
- EMI on a reducing balance: P x r x (1 + r)^n / ((1 + r)^n - 1), where r is the monthly rate and n the number of months.
- Each instalment pays the month's interest first; the rest reduces the principal, so the interest share falls over time.
- Processing fees, insurance and prepayment charges vary by bank and are not included.
- Banks ask for a project report with projections for most business loans: we prepare it with you.
An estimate from the general rules as notified up to November 2026, not advice. Your case can differ: ask us before you rely on a figure.
Let us do it for you
Business plan and project report
A written quote first, secure online payment, and every step tracked in your own login.
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Talk to us
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Tell us a little about your business and we call you back with the exact working, and a written quote if you want us to handle it.
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A written quote firstOur fee, government fees and GST are shown separately. Nothing starts until you accept it.
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