Business Loan Calculator

Calculate business loan EMI, total interest, loan eligibility, and repayment schedule for SME financing

EMI Calculation Results

₹0 Monthly EMI
₹0 Total Interest
₹0 Processing Fee
Total Amount Payable: ₹0
Total Cost: ₹0
Interest to Principal: 0%

Loan Eligibility Assessment

₹0 Eligible Loan Amount
0% FOIR
0/10 Eligibility Score
Credit Rating: --
Interest Rate Range: --
Loan Approval: --

Option A

Option B

Loan Comparison Results

₹0 Savings with Better Option
₹0 Option A Total Cost
₹0 Option B Total Cost
Better Option: --
EMI Difference: ₹0
Total Savings: ₹0

How to Use the Business Loan Calculator

Our comprehensive business loan calculator provides essential tools for small business financing and loan planning:

💰 EMI Calculator

Calculate your monthly business loan EMI based on loan amount, interest rate, and tenure. Get detailed breakdown of total interest, processing fees, and overall cost of borrowing.

✅ Loan Eligibility Checker

Assess your business loan eligibility based on revenue, profit, credit score, and business vintage. Understand your FOIR (Fixed Obligation to Income Ratio) and potential interest rates.

⚖️ Loan Comparison Tool

Compare different loan offers side-by-side to find the most cost-effective option. Analyze total costs, EMI differences, and potential savings between multiple lenders.

Business loan types: Term loans, working capital loans, equipment financing, and commercial mortgages with varying interest rates and eligibility criteria.

Frequently Asked Questions

What is the typical interest rate for business loans in India?
Business loan interest rates in India typically range from 10.5% to 24% per annum, depending on your credit score, business profile, loan amount, and lender. PSU banks often offer lower rates than NBFCs.
What documents are required for a business loan?
Key documents include business registration certificates, 2-3 years of ITR and financial statements, bank statements (6-12 months), GST returns, identity and address proofs of promoters, and business plan.
How is business loan eligibility determined?
Eligibility depends on business vintage (minimum 2-3 years), annual turnover, profitability, credit score (preferably above 650), industry type, and existing debt obligations. FOIR should be below 60%.
Can I prepay my business loan without penalties?
Most lenders allow prepayment with or without penalties after 6-12 months. Some charge 2-4% of outstanding amount as prepayment penalty, while others offer free prepayment options.
What is the maximum loan amount I can get for my business?
Maximum loan amount varies by lender and business profile. Typically ranges from 10 lakhs to 50 crores. It's usually based on annual turnover (10-30% of revenue) and repayment capacity.