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Business Loan EMI Calculator
Work out EMI and total interest on a reducing-balance business or MSME loan.
Last updated 2026-09-18
Monthly EMI
₹46,537
Total interest
₹7,92,190
Total payment
₹27,92,190
Months
60
Amortization preview
| Month | EMI | Principal | Interest | Balance |
|---|---|---|---|---|
| 1 | ₹46,537 | ₹23,203 | ₹23,333 | ₹19,76,797 |
| 2 | ₹46,537 | ₹23,474 | ₹23,063 | ₹19,53,323 |
| 3 | ₹46,537 | ₹23,748 | ₹22,789 | ₹19,29,575 |
| 4 | ₹46,537 | ₹24,025 | ₹22,512 | ₹19,05,550 |
| 5 | ₹46,537 | ₹24,305 | ₹22,231 | ₹18,81,245 |
| 6 | ₹46,537 | ₹24,589 | ₹21,948 | ₹18,56,657 |
How it works
EMI = P × r × (1 + r)^n / ((1 + r)^n − 1).
How to use this calculator
- Enter the inputs shown above (amount, rate, tenure, income, or other fields).
- Read the live results — they update as you type.
- Check the formula, worked example, and assumptions on this page before you decide.
Formula
EMI = P × r × (1 + r)^n / ((1 + r)^n − 1).
Worked example
A ₹20 lakh loan at 14% for 5 years has EMI of about ₹46,537.
Reading the result
Treat the output as a planning figure. Compare it with your sanction letter, payslip, or GST invoice rather than treating it as a filing or a loan offer.
See also: calculation methodology and disclaimer.
Frequently asked questions
No. Enter only the amount disbursed. Fees, GST on fees, and collateral charges are lender-specific.
Assumptions and limits
- This is a planning estimate. Your lender, employer, or tax officer may use different inputs or rounding.
Results are educational estimates, not tax, legal, investment, or medical advice, and not a loan offer. Verify filings and payments with the official authority or a qualified professional.