Business Loan EMI Calculator

Calculate your monthly installments instantly

Loan Details

₹5L ₹10Cr
1.5% 4.0%
4 Months 15 Months

Monthly EMI

Your Monthly Installment

₹1,75,833

Principal Amount

₹10,00,000

Total Interest

₹55,000

Total Payment

₹10,55,000

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How is EMI Calculated?

EMI (Equated Monthly Installment) is calculated using the reducing balance method:

EMI = [P × R × (1+R)^N] / [(1+R)^N-1]

Where:

  • P = Principal loan amount
  • R = Monthly interest rate (annual rate / 12)
  • N = Loan tenure in months

Note: This calculator provides an estimate. Actual EMI may vary based on processing fees and other charges.

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