CALCULATORS
Business loan EMI calculator
Enter the loan amount, yearly interest rate and tenure to see your monthly EMI, the total interest you will pay and how each EMI splits between interest and principal. It uses the standard reducing-balance formula that banks and NBFCs use. Fees are not part of the EMI, so compare the APR on the lender's Key Fact Statement too.
Your numbers
Your result
Monthly EMI
₹34,178
For 36 months. You pay ₹2.3L in interest and ₹12.3L in all.
- Loan amount₹10L81%
- Interest₹2.3L19%
Interest PrincipalEMI 1 is 34% interest; the last is 1%
- Total interest
- ₹2.3L
- Total you repay
- ₹12.3L
- Interest in year 1
- ₹1.22L
- Interest in the last year
- ₹29.5K
Year-by-year repayment
| Year | Principal | Interest | Balance |
|---|---|---|---|
| 1 | ₹2,88,157 | ₹1,21,974 | ₹7,11,843 |
| 2 | ₹3,31,191 | ₹78,940 | ₹3,80,652 |
| 3 | ₹3,80,652 | ₹29,480 | ₹0 |
Processing fees are not part of the EMI: they are cut from the amount you receive, which raises your real cost. Compare the APR on each lender's Key Fact Statement.
ASSUMPTIONS
What we assume.
Open assumptions
- All math runs in your browser. Nothing here is a sanction or offer.
- Statutory rates and windows come from a single config file last verified on 1 Sep 2026.
- Bank and NBFC grids vary by geography, segment and internal policy.
- Kredway is a lending service provider / DSA intermediary and does not lend. Calculator outputs are indicative estimates, not offers. Actual eligibility, rate and terms are determined by RBI-registered banks and NBFCs at their sole discretion.
FAQ
Common questions.
How is business loan EMI calculated?
EMI = P × r × (1 + r)^n ÷ ((1 + r)^n − 1), where P is the loan amount, r the monthly rate (annual rate ÷ 12 ÷ 100) and n the number of months. ₹10 lakh at 14% for 3 years gives ₹34,178.
Is the processing fee included in the EMI?
No. It is usually deducted from the amount disbursed. It still adds to your cost, so compare the APR on the Key Fact Statement.
Does my EMI change during the loan?
On a fixed-rate loan, no. On a floating-rate loan it can change when the lender's benchmark changes, or the lender may extend your tenure instead.
Is a longer tenure better?
It lowers the EMI but raises total interest. On ₹10 lakh at 14%, going from 3 to 5 years cuts the EMI by about ₹10,900 but costs ₹1.66 lakh more in interest.
REFERENCES
Primary sources.
GUIDES
Read more on this.
RELATED
Other calculators.
Kredway is a lending service provider / DSA intermediary and does not lend. Calculator outputs are indicative estimates, not offers. Actual eligibility, rate and terms are determined by RBI-registered banks and NBFCs at their sole discretion.